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Does anyone know how these investments/loans have actually performed overall? We don't know what the catalyst for this move is. It makes me wonder if the smart
by downandout 13y ago
Does anyone know how these investments/loans have actually performed overall? We don't know what the catalyst for this move is. It makes me wonder if the smart money (from VC's) has decided that the YC model isn't generating ROI, leaving YC to go searching for dumb(er) money (from LP's).
- deleted 13y ago[deleted]
- nrao123 13y agoThey may be the best performing fund of all time. My post from 2-3 years ago: https://news.ycombinator.com/item?id=2854630 https://news.ycombinator.com/item?id=2854630 320 YC Companies X $30k/Company = ~$10M Investment Dropbox Return=~3% Share X $10BN Valuation=$300M 30X return for the entire fund even without accounting for companies such as AirBnB, Heroku etc. I have heard of 30x/100x returns on specific investments e.g. Skype/Google/Facebook etc... But for the entire fund itself- wouldn't that be a record?
- masonhensley 13y agoI would guess that YC's stake in Dropbox would be much lower than 3% due to dilution from all the subsequent investment rounds.
- btrautsc 13y agoYes. there is no pro-rata follow on.
- deleted 13y ago[deleted]
- robk 13y agoThat's not a record at all. Your math overestimated ownership. And even 10x isn't a record at all (though good obviously)