4 ms·
>One unicorn every couple of years is all that YC needs True, but there is no ongoing guarantee of that, no matter how many times it has happened in the past,
by vram22 6y ago
>One unicorn every couple of years is all that YC needs
True, but there is no ongoing guarantee of that, no matter how many times it has happened in the past, and no matter who claims it[1], be it a Midas-list VC or a serial founder or whoever.
Past performance is not a sure predictor of future performance. Just see any company's statutory annual report, and the ifs and buts in the legalese therein.
[1] If anyone claims that, just ask them to put their money where their mouth is. E.g. by paying the predicted unicorn future value for the stock, but now. And then see the disclaimers and caveats flowing fast and freely from their mouths.