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the general trend is for Y Combinator-funded startups to be acquired by big corporations This is the mistake. It's the general trend only by number of compani
by pg 15y ago
the general trend is for Y Combinator-funded startups to be acquired by big corporations
This is the mistake. It's the general trend only by number of companies, not by valuation or number of people. Measured by valuation, the majority of our portfolio is not interested in being acquired.
- alexatkeplar 15y agoSo does that mean that you've done a survey of all the companies in your portfolio, and classified them by whether they are interested in IPO or acquisition (or no liquidity event at all)? And then have you attached a current valuation to each of these companies - what's that valuation based on in the absence of a liquidity event? Can you share the % splits? Would be a really interesting (and yet still anonymous) snapshot of the portfolio companies' intents in the aggregate...
- pg 15y agoDropbox and Airbnb alone account for more than half the value of companies we've funded, based on the valuations of their last rounds.