91–100 of 104 posts
What are the four $1B+ companies? I can think of AirBnB, Dropbox, Stripe, ...
[1] http://www.sec.gov/Archives/edgar/data/1579091/0001579091140...
[2] http://techcrunch.com/2014/12/05/instacart-2b-kleiner/
[3] http://bits.blogs.nytimes.com/2015/01/12/instacart-a-grocery...
so, invested a total of 101 million and current value of investments = 0.06 * 30 bln * dilution factor. So roughly speaking, current value = 300-400 mln ?
Interesting to note that the average founder age is 30.27 (median is 29). Not that that's old, of course - just that I imagined it'd be younger.
I think the median age reflects the types of companies in the batch. I think in general, younger entrepreneurs take on Consumer, maybe marketplace, and perhaps some dev tools and hardware. The remaining categories will likely have older, more experienced people
Earlier quoted context omitted.
We've historically reported companies versus individuals, so we wanted to stay consistent. But that's fair -- we'll put it in those terms next time we release stats.
Sam Altman wrote 8 months ago: > As a side note, even though it will break backwards compatibility, we are considering changing how we look at this to the percentage of all founders that are women instead of the percentage of companies with a female founder. http://blog.ycombinator.com/diversity-and-startups After being told by dozens of people how obviously misleading this statistic is. It was beneath YC to ever rel…
YC has no obligation to share stats and just because you disagree with the methodology doesn't make them unethical.
Earlier quoted context omitted.
Sam Altman wrote 8 months ago: > As a side note, even though it will break backwards compatibility, we are considering changing how we look at this to the percentage of all founders that are women instead of the percentage of companies with a female founder. http://blog.ycombinator.com/diversity-and-startups After being told by dozens of people how obviously misleading this statistic is. It was beneath YC to ever rel…
I'm sure you didn't mean it but your post comes across as entitled. YC has no obligation to share stats and just because you disagree with the methodology doesn't make them unethical.
The fact is that this stat is provably misleading. People are understanding, and reporting it as, "25% of YC founders are female" when the reality is very different. YC knows about this and yet continues to use it. I think it's an understandable and small lapse in ethics predictably justified by some weak rationalization.
Earlier quoted context omitted.
Sam Altman wrote 8 months ago: > As a side note, even though it will break backwards compatibility, we are considering changing how we look at this to the percentage of all founders that are women instead of the percentage of companies with a female founder. http://blog.ycombinator.com/diversity-and-startups After being told by dozens of people how obviously misleading this statistic is. It was beneath YC to ever rel…
I'm sure you didn't mean it but your post comes across as entitled. YC has no obligation to share stats and just because you disagree with the methodology doesn't make them unethical.