Dear awesome startups, don’t join an accelerator, unless…
1–10 of 38 posts
Re: Dear awesome startups, don’t join an accelerator, unless…
#2"Accelerators need the good companies more than the good companies need the accelerators."
Re: Dear awesome startups, don’t join an accelerator, unless…
#3this was a great read.
Re: Dear awesome startups, don’t join an accelerator, unless…
#4The article mentions that most of YC's value is in just two companies (Dropbox, AirBNB) out of some 400 funded. That would be awful performance for a traditional VC, but the amount of time and money put in by YC into each of those 400 companies is between 1/100 and 1/1000 of how much a traditional VC would put into a deal.
So, if you're comparing to a traditional VC model, compare YC to one that has made e.g. 10 investments. And to have Dropbox, AirBNB as two of your ten (regardless of all others), is something every VC would envy.
Re: Dear awesome startups, don’t join an accelerator, unless…
#5The article mentions that most of YC's value is in just two companies (Dropbox, AirBNB) out of some 400 funded. That would be awful performance for a traditional VC, but the amount of time and money put in by YC into each of those 400 companies is between 1/100 and 1/1000 of how much a traditional VC would put into a deal. So, if you're comparing to a traditional VC model, compare YC to one that has made e.g. 10 inve…
yeah I was thinking the same. 400(well, 398) worth 2 billion still gives you something like 500k per company. When considering the 15k invested, sounds like a winner to me. Obviously this is averaging but still.
Re: Dear awesome startups, don’t join an accelerator, unless…
#6The article mentions that most of YC's value is in just two companies (Dropbox, AirBNB) out of some 400 funded. That would be awful performance for a traditional VC, but the amount of time and money put in by YC into each of those 400 companies is between 1/100 and 1/1000 of how much a traditional VC would put into a deal. So, if you're comparing to a traditional VC model, compare YC to one that has made e.g. 10 inve…
Not only that, there is also a need to understand that not every student coming out of a primary school is a topper. Especially, when you've a single point index to measure that success - in this case, a billion dollars. But every student is an important part of the system.
A program like YC or 500Startups has a solid name because of the quality of its guides, support system, value system, knowledge, experience and pretty much everything else that one can think of.
Keep the money aside, tell me one VC that compares on those metrics?
(Disclosure: I am not a part of any accelerator program.)
Re: Dear awesome startups, don’t join an accelerator, unless…
#7The article mentions that most of YC's value is in just two companies (Dropbox, AirBNB) out of some 400 funded. That would be awful performance for a traditional VC, but the amount of time and money put in by YC into each of those 400 companies is between 1/100 and 1/1000 of how much a traditional VC would put into a deal. So, if you're comparing to a traditional VC model, compare YC to one that has made e.g. 10 inve…
I'm curious now, whats the median valuation of YC companies?
Re: Dear awesome startups, don’t join an accelerator, unless…
#8The article mentions that most of YC's value is in just two companies (Dropbox, AirBNB) out of some 400 funded. That would be awful performance for a traditional VC, but the amount of time and money put in by YC into each of those 400 companies is between 1/100 and 1/1000 of how much a traditional VC would put into a deal. So, if you're comparing to a traditional VC model, compare YC to one that has made e.g. 10 inve…
yeah I was thinking the same. 400(well, 398) worth 2 billion still gives you something like 500k per company. When considering the 15k invested, sounds like a winner to me. Obviously this is averaging but still.
The mean helps put it in perspective, but the exponential distribution is perhaps more telling. If, say, 50% of the wealth is accounted for by 15% of the companies, the mean doesn’t give you any intuition for how the game actually works.
Re: Dear awesome startups, don’t join an accelerator, unless…
#9"Accelerators need the good companies more than the good companies need the accelerators."
I remember a talk by Joi Ito, where he reasoned all his pro bono activities in a similar way: You want to be in the room when the next Google takes the stage - because they will chose their investors, not the other way round.
Re: Dear awesome startups, don’t join an accelerator, unless…
#10This is the ultimate linkbait title: "Sentence that is completed only if you ...".