If you're talking about literally the companies that bought as part of the initial IPO then yes, most are trading below their opening day prices. But all YC com

If you're talking about literally the companies that bought as part of the initial IPO then yes, most are trading below their opening day prices. But all YC companies IPOed during the post-GFC bull market, and are now being valued in a different regime, so that's not unexpected especially with the YC hype. DBX and ABNB are doing well (they're down relative to the highs of the last year or two but so is everything in tech). GTLB also looks like a pretty strong company given their solid market positioning and quality enterprise SaaS metrics. I'd classify those 3 as doing well overall.