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Agreed. He should have read PG's YC Numbers [1]. The overwhelming majority of value in YC's portfolio comes from the top 10% all of which have likely turned dow
by twakefield 15y ago
Agreed. He should have read PG's YC Numbers [1]. The overwhelming majority of value in YC's portfolio comes from the top 10% all of which have likely turned down numerous acquisition offers. YC would much rather an IPO or late stage acquisition vs. acqui-hire liquidity event.
[1] http://ycombinator.com/nums.html http://ycombinator.com/nums.html
- mgkimsal 15y agoso... wouldn't it make sense for the other 90% to be acqhired vs taking up space in the bottom 90% of the yc stable?
- twakefield 15y agoYes, but the company doesn't necessarily know whether it's going to be in that top 10% when acqui-hire offers occur. They usually occur on the upward trajectory of a company. So most investors would rather the company roll the dice on a bigger exit later than "settle" for the acqui-hire now. The entrepreneur's perspective may be different.