3 ms·
On the life and death of Y Combinator startups
- robocat 4y agoAstonishingly the graph shows that 50% of YC investments are still active after 10 years. That is definitely not a fail fast model. Also references the power law of returns: https://jaredheyman.medium.com/on-the-eery-predictability-of-yc-startup-valuations-71140c2633f8 https://jaredheyman.medium.com/on-the-eery-predictability-of... Those two facts show that being YC or a VC is a good business, but being a founder is financially risky. And presumably the median early employee is kidding themselves on their expected returns.
- jacquesm 4y agoEarly employee only makes sense if you see it as a poorly paid high intensity school and you are planning to do the founder thing yourself in the near future.