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YC Summer 2017 Stats

blog.ycombinator.com

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Re: YC Summer 2017 Stats

#81

Post by jacquesm »

dragonwriter wrote: post #79
jacquesm wrote: post #76

Earlier quoted context omitted.

Zenefits was definitely valued at > $1B at some point but is this still true after the adjustment and the various rounds of lay-offs?

Isn't “valued at” based on the most recent funding round (in the absence of public trading, the only clear objective measure for a pre-IPO startup), so if they haven't raised since the problems, they'd still be “valued at” the same amount, to the most current available information?

Good point, yes, until there is another transaction we will not know for sure. But I would be quite surprised if they did another round and it would be an 'up' round.

Re: YC Summer 2017 Stats

#82

Post by tim333 »

socrates1998 wrote: post #14

What is the overall rate of return for all the companies? I would like to see how much money was invested total into the companies and how much they all valued in total today.

Well it says $13bn invested, $85bn valuation today. It might be interesting to break that down by year though. The recent investments won't really have had time to play out.

Re: YC Summer 2017 Stats

#83

Post by zodiac »

tim333 wrote: post #82
socrates1998 wrote: post #14

What is the overall rate of return for all the companies? I would like to see how much money was invested total into the companies and how much they all valued in total today.

Well it says $13bn invested, $85bn valuation today. It might be interesting to break that down by year though. The recent investments won't really have had time to play out.

It's 13bn raised by alums among all investors, not just yc.

Re: YC Summer 2017 Stats

#84

Post by vit05 »

avip wrote: post #21
forgotmysn wrote: post #4

It's cool that this batch is so international. I'm surprised to see companies from that many different regions. That said, I'm also really surprised, given how international this batch is, that there isn't a single Chinese company.

Possible reasons other than "just so happened": * VC money is more accessible for Chinese startups in China * Chinese startups are mostly targeting local market * Visa issues? (these are all wild guesses)

I agree with these suggestions. Perhaps, I would add the little knowledge about Chinese legislation and the market, which is quite different from other parts of the world. But I think it would be interesting, thinking strategically, YC attracts more Chinese and thus better know the market.

Re: YC Summer 2017 Stats

#85

Post by coldsauce »

jaredklewis wrote: post #73
koolba wrote: post #6

Interesting stats. I don't get this section though: UNDERREPRESENTED FOUNDERS S17 Female founders: 35 (12% of all S17 founders) S17 Applicants who were female: 14% S17 Companies with a female founder: 27 (21% of the batch) S17 Applications with a female founder: 22% S17 Black founders: 14 (4.76% of S17 founders) S17 Companies with a Black/Af-Am founder: 8 (6.25% of the batch) S17 Hispanic/Latinx founders: 13 (4.42% o…

Underrepresented might not mean underpresented in YC, but underpresented in the industry. In which case there is more to consider than just the applicant set.

Which industry?

Re: YC Summer 2017 Stats

#86

Post by mmcconnell1618 »

capocannoniere wrote: post #41

> 10 YC alum are valued at over $1B and 64 YC alum are valued at over $100M. Impressive. But off the top of my head I can count a few more than 10 YC companies valued at $1B or more: 1) Airbnb 2) Quora 3) Stripe 4) Dropbox 5) Instacart 6) Coinbase 7) Reddit 8) Cruise 9) Twitch 10) Gusto 11) Zenefits 12) Docker 13) Machine Zone And a few more that are pretty close to $1B

Alum may mean founders, not companies. Maybe there are 10 founders personally in the three commas club.

Re: YC Summer 2017 Stats

#87

Post by vit05 »

coolswan wrote: post #40
fernandotakai wrote: post #31

Earlier quoted context omitted.

fintech is getting insanely huge in brazil right now.

Agreed. Fintech is huge in all growing emerging markets, especially those driven still on top of cash. No credit card infrastructure to mess with - move right onto digital wallets. China is the obvious example.

I do not think the opportunity in Brazil, for fintechs, is about people using cash. More than 100 million have a bank account, with a card, and more than 70 million have a credit card[0]. Almost every place you go you could use a credit card to pay, including churches and street vendors.

But, is too expensive and too much bureaucracy to take a loan. Big Banks is one of the sectors that most profits in Brasil[1], so they do not care so much about small and personal loans. Or loans to small companies. And the legislation sucks too, politicians have passed a new law that will make even harder to make Angel Investments[2]. Is too risky and expensive for everyone that want to loan money to people. Loan money to government is more profitable and almost without risk to Big Banks and mutual funds. So, there is a huge opportunity to disrupt this.

[1]http://www.infomoney.com.br/mercados/acoes-e-indices/noticia... ( portuguese) [2]http://convergecom.com.br/tiinside/21/07/2017/investidor-anj...

Re: YC Summer 2017 Stats

#88

Post by prawn »

rmena123 wrote: post #58

I can bet, if YC had the stats for race/ethnicity amount who applied, we would be shocked of the amount of blacks or Latinos who were never accepted. Especially from the early days. Count me and a few other Hispanics who never have been accepted. The only time its cared about is after the fact and just for show purposes like this. On a side Note: Yc doesn't understand people like me will never have the resume they ar…

I always get the impression that they make a particular effort to understand groups outside their typical applicants and look for opportunities in other countries and cultures.

Surely there's every chance that your application isn't strong enough?

Re: YC Summer 2017 Stats

#90

Post by jaypaulynice »

prawn wrote: post #88
rmena123 wrote: post #58

I can bet, if YC had the stats for race/ethnicity amount who applied, we would be shocked of the amount of blacks or Latinos who were never accepted. Especially from the early days. Count me and a few other Hispanics who never have been accepted. The only time its cared about is after the fact and just for show purposes like this. On a side Note: Yc doesn't understand people like me will never have the resume they ar…

I always get the impression that they make a particular effort to understand groups outside their typical applicants and look for opportunities in other countries and cultures. Surely there's every chance that your application isn't strong enough?

I think there are some implicit bias. I've noticed that most black startups in accelerators cater to other black groups or hail mostly from Africa.

If not being strong enough was a criteria then you could guarantee that every startup would succeed, but looking at a lot of accelerators, there is still a high rate of fail, so who is to say strong enough? I've also seen people you least expect to succeed often succeed and some that you would expect to succeed fail...

Your best bet as a black/latinx founder is to be that outlier or build something for your own group...

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