Earlier quoted context omitted.
How do stripe and Airbnb not sound useful? "Need to get paid" and "find accomodation" are among the oldest business models on the internet.
There were plenty of ways to get paid on the internet before stripe. On paper it didn’t look like they were doing anything new. They just did it better. Airbnb… idk. Who wants to rent their house out to total strangers? I wouldn’t. I wouldn’t have thought it would take off like it did.
YC Graveyard: 821 inactive Y Combinator startups
31–40 of 238 posts
Re: YC Graveyard: 821 inactive Y Combinator startups
#32Wth. Blume benefits sounds like a really useful thing ? Wonder what happened.
Re: YC Graveyard: 821 inactive Y Combinator startups
#33Re: YC Graveyard: 821 inactive Y Combinator startups
#34Re: YC Graveyard: 821 inactive Y Combinator startups
#35Where does the money go ? Especially for startups dead 6 months after investing
Re: YC Graveyard: 821 inactive Y Combinator startups
#36I'm onehundertpercent pissed off with YC: * The modal win for a founder is $0.00 * PG makes big talk about winner's average returns... Yayyyyy..... However YC gets preferential shares; YC is not aligned with the common shareholders (founders; builders). YC builds a story that they support creators however YC doesn't sit on the same table-side as creators. * I actually believe YC is worthwhile, but I wonder if Ize jus…
Re: YC Graveyard: 821 inactive Y Combinator startups
#37Where does the money go ? Especially for startups dead 6 months after investing
Re: YC Graveyard: 821 inactive Y Combinator startups
#38Is YC better than other incubators, percentage wise?
a) Almost all of the other incubators are just awful. Either they are predatory, ineptly managed or simply not well capitalised enough to offer a competitive product.
b) YC is able to rest on its laurels i.e. they can/do market how well AirBnb, Stripe etc have done. And so their funnel of talent is by far the best.
c) That said, YC is the worst I've ever seen it. And Garry Tan is mostly to blame although it's been trending downwards for a while. It's now as if Jake Paul ran an incubator: very hype driven, cynical, focused on easily exploitable young 20s males.
Re: YC Graveyard: 821 inactive Y Combinator startups
#39how many YC startups are there? wiki says 4K, so 821/4K = 20%. not too bad. I expected much worse.
It's certainly much worse. It's often difficult to tell when a company is dead unless they announce it. Many other failures (likely most of YC's portfolio) will have died by being acquired for less than the most recent valuation, meaning YC lost money on the deal. These sometimes look like successful exits unless you know the details.
Does YC really lose money on all acquihires ?
Because it seems like most of the batches look to be purpose built for it.