Live data from Hacker News

New YC homepage

ycombinator.com

121–130 of 192 posts

Re: New YC homepage

#121

There’s something that bothers me about reducing achievement to stock price and exit valuations. Yet, it is sobering to witness the machinery laid bare. The whole aesthetic of startup success—those triumphant IPO bell-ringing moments—celebrates money, not wisdom or authentic progress. I’m aware this is the dominant framework, but that doesn’t make it feel less hollow. Welcome to Heartbreak.

I’m not against big exits / valuations and showing the numbers. But… what would have added a bit of interest would have been real metrics. For example I believe AirBnB has 2 billion guest nights. Showing that instead of the ipo value is more impressive to people who want to deliver value rather than capture value.

Real world metrics would feel slightly more on brand than valuations

Re: New YC homepage

#122
Seems that the "it's a numbers game" thesis delivered.

(I know the previous deal was different but just to get an estimate ...)

500k to each of 5,000+ startups = 2.5 billion

in exchange of

7% of 1.3 trillion = 91 billion

~36x return.

It's even better than that as they invest, on average, less than 500k and get, on average, more than 7% equity. (But they also get diluted, so, who knows).

Of note, that 1.3 trillion follows a comically long tailed distribution.

OpenAI is 500B.

Stripe+Doordash+Airbnb+Coinbase+Reddit+Scale is 400B.

The remainder is 5,000+ companies.

Re: New YC homepage

#123

Really love the new site and how it highlights founders so well. Only minor tweak I'd make is for the desktop viewport size - make it so you can also click the company names instead of needing to precisely scroll for the images to show up for that company. With notched mouse wheels it's all too easy to skip one even with a regular scroll. Or increase the scroll distance. Also might suggest using a gradient mask to fa…

I think the items in the carousel are just too wide. There's usually some side margin showing more of the previous and next items.

I turned my phone to landscape and the scroll "sensitivity" no longer felt wrong, but then a new bug was revealed. It chooses to put focus on the right-most item in the carousel. Now the animation doesn't play for the first item.

Re: New YC homepage

#126

Seems that the "it's a numbers game" thesis delivered. (I know the previous deal was different but just to get an estimate ...) 500k to each of 5,000+ startups = 2.5 billion in exchange of 7% of 1.3 trillion = 91 billion ~36x return. It's even better than that as they invest, on average, less than 500k and get, on average, more than 7% equity. (But they also get diluted, so, who knows). Of note, that 1.3 trillion fol…

You dont get 7% of a company, you get 7% of outstanding sharez. So its shares held * stock price. Usually there are less stocks issued at the initial stages with more coming in later as more investors are added. I dont think YC maintains 7% across all their investments.

Re: New YC homepage

#127

Seems that the "it's a numbers game" thesis delivered. (I know the previous deal was different but just to get an estimate ...) 500k to each of 5,000+ startups = 2.5 billion in exchange of 7% of 1.3 trillion = 91 billion ~36x return. It's even better than that as they invest, on average, less than 500k and get, on average, more than 7% equity. (But they also get diluted, so, who knows). Of note, that 1.3 trillion fol…

You dont get 7% of a company, you get 7% of outstanding sharez. So its shares held * stock price. Usually there are less stocks issued at the initial stages with more coming in later as more investors are added. I dont think YC maintains 7% across all their investments.

>(But they also get diluted, so, who knows)

Re: New YC homepage

#128
what are the demographics, educational attainment, and avg net worth of prior yc founders, id like to see what unconventional bets look like.

Re: New YC homepage

#130
[1] “A formidable founder is one who seems like they’ll get what they want, regardless of whatever obstacles are in the way.”

Obstacles are also any legal constraints that will break and pay later in fines, like Airbnb.

Post reply on HN