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As I am writing this your comment is the top comment. The comment below it reads: > And Sequoia backed startups now have a combined valuation of almost a tril
by dopamean 13y ago
As I am writing this your comment is the top comment. The comment below it reads:
> And Sequoia backed startups now have a combined valuation of almost a trillion. These statistics are a bit meaningless. I'll wager that the median YC company has a negative opportunity cost for the founders.
When reading your comment first I agreed and thought, Wow! YC is killing it. Then I read the next comment and thought, Hmm, perhaps not? Now I don't know what to believe.
- benmanns 13y agoIf I own one share of Apple, Exxon, and Wal-Mart, then benmanns-backed companies have a valuation of 481.19B+387.73B+246.74B = 1.12 trillion dollars, but my personal stake is less than one thousand dollars. YC has a diluted 6% of 13.7B. I would have an estimated 8.9286 x 10^-8% of 1.12 trillion.
- will_brown 13y agoYou are correct about the diluted 6%. That was not so much an oversight, I was outright wrong I did not believe it was subject to dilution, but I stand corrected.