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Along those lines I'm curious how many of the YC companies make it to a next round of funding? Or make it to profitability and don't seek funding vs. those that
by replicatorblog 17y ago
Along those lines I'm curious how many of the YC companies make it to a next round of funding? Or make it to profitability and don't seek funding vs. those that formally wind down. I went to a TechStars meetup and something like 10 of 16 from the inaugural class got funded, 4 didn't because they were profitable, acquired, or otherwise all set, and 2 formally closed. Is that kind of data available for YC?
- pg 17y agoFrom the winter cycle of 16 startups, there are 3 that have neither raised money nor are ramen profitable. Of those 3, 1 is already dead, because of disputes between the founders. Another hasn't started trying to raise money yet, because there's stuff they want to get built first. So only 1 of the 16 is currently trying to raise money.
- netsp 17y agoramen profitable means not trying to raise money?
- systemtrigger 17y agoApart from the usual seed money do you ever invest more in a startup, either as YC or as an angel?
- pg 17y agoYC doesn't, but I occasionally participate individually in angel rounds.