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Do we know if Y Combinator is profitable yet? One quality that is likely to limit copycats comes from the fact that it is not like a VC. It is not out there wit
by jacoblyles 18y ago
Do we know if Y Combinator is profitable yet? One quality that is likely to limit copycats comes from the fact that it is not like a VC. It is not out there with prospectuses advertising its performance to the deep pockets.
If the YC model is indeed profitable, then it might be time for an enterprising financier to go out, raise a fund, and do it ten times as big. Of course, the success rate will be somewhat lower, since the personal attention and advice that YC gives its companies just won't scale.
If the model is profitable, I would guess there would be private money to be had. I just don't think anyone knows how profitable the model is yet. It is still new, risky, and unproven.
Just because some guy with a ton of domain knowledge can earn a decent return off a few dozen companies a year doesn't mean it will work at scale.