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They 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=
by nrao123 13y ago
They 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)