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Wow, that and the follow-up tweet are impressive. What happened in 2013 though?
by tannerc 13y ago
Wow, that and the follow-up tweet are impressive. What happened in 2013 though?
- pazimzadeh 13y agoYounger companies probably haven't had time to be bought yet! Or to be valued as highly.
- rjvir 13y ago2013 companies haven't had enough time yet
- jayzalowitz 13y agoI dont think that is true, YC seems to be progressively accepting later and later companies. the 2005 batch was a bunch of kids in college. 2013 is seasoned engineers working on it for a year already with massive traction.
- rdl 13y agoI think what's expanding is the standard deviation/variance. The mode is not moving all that much. Mean/median, a bit. There is definitely a trend toward some later companies (it used to be ~none), but there are still a lot of early stage.
- pg 13y agoAlso, there is little correlation between how far along a company is when we fund them and how well they end up doing.
- jayzalowitz 13y agoI am sure this is true, but very specifically getting to just the level of above 40m, it can't hurt, can it? I am not saying if you fund them later they will become dropbox, just have a higher likelihood of hitting 40-50m
- nostrademons 13y agoDropbox is an ironic example, because Drew applied right before the deadline with a video, a string-and-wires prototype, and no cofounder. He'd been working on it 3 months and had just barely quit his day job.
- the_watcher 13y agoThis is the first batch where I knew people in YC. They started their company (with an entirely different idea) on Feb. 1. The founders were all between 24 and 26 at founding, all 4, 2010 or 2011 graduates. Reddit was started after Alex and Steve graduated from UVA. DropBox (S07) was Drew's 4th startup.