Live data from Hacker News

The Aha Moments That Made Y Combinator Possible

medium.com

11–20 of 45 posts

Re: The Aha Moments That Made Y Combinator Possible

#11
post #2

This article states that YC is now valued at $13.7 billion. Actually, the cited source credits pg recently saying that is the current valuation of all of the YC startups, not of YC itself. [edited for clarity]

Yipes, nothing like that. That's the total value of all the companies we've funded. We assume we end up with 3% on average after dilution.

Re: The Aha Moments That Made Y Combinator Possible

#12
post #10
post #6

> "Then, with enough money saved, [pg] would quit the job and devote his time to his real love—art and painting—until the money ran out, and then he would scramble for another job." PG, is that what you do between YC batches? When will we get to see some of your paintings? :)

No, what I do between batches is work on YC. In the very beginning we considered time between batches as time off, but YC is so big now that there's always something that needs to be done.

It is unfortunate that you can't decompress for a month or two in Florence, or a similarly beautiful place. If you ever plan to visit Italy again, please let me know; there's a bunch of very interesting people to meet in Florence, including the mayor, Matteo Renzi (candidate for Prime Minister in 2014) and Paolo Barberis, founder of Dada.it, now founder of the accelerator nana bianca. And others.

Re: The Aha Moments That Made Y Combinator Possible

#15
post #10
post #6

> "Then, with enough money saved, [pg] would quit the job and devote his time to his real love—art and painting—until the money ran out, and then he would scramble for another job." PG, is that what you do between YC batches? When will we get to see some of your paintings? :)

No, what I do between batches is work on YC. In the very beginning we considered time between batches as time off, but YC is so big now that there's always something that needs to be done.

Do you paint or draw anymore? Just curious.

Re: The Aha Moments That Made Y Combinator Possible

#16
post #9
post #6

> "Then, with enough money saved, [pg] would quit the job and devote his time to his real love—art and painting—until the money ran out, and then he would scramble for another job." PG, is that what you do between YC batches? When will we get to see some of your paintings? :)

[deleted]

[deleted]

Re: The Aha Moments That Made Y Combinator Possible

#17

"Unix, the open-source operating system." - Really? This mistake speaks very seriously about the author of the article.

I'd originally thought so to, but you can get the Unix source, so it is open source for some definition of the term.

Re: The Aha Moments That Made Y Combinator Possible

#18
post #10

Earlier quoted context omitted.

No, what I do between batches is work on YC. In the very beginning we considered time between batches as time off, but YC is so big now that there's always something that needs to be done.

Do you paint or draw anymore? Just curious.

Only for my kids.

Re: The Aha Moments That Made Y Combinator Possible

#19
Over the years, evolving in its own way, Y Combinator has continued to grow at an astounding rate. It is valued now at $13.7 billion, with the clear potential for further growth.

Ignoring the mistake of valuing YC at $13.7B instead of its companies, here's a crazy idea: I wonder when we'll see YC go for an IPO?

Post reply on HN