121–130 of 757 posts
Funds need a 10x return from one company to cover the entire fund. Is that a philosophy YC subscribes to, and if so, how long until it becomes evident which (if any) company in a given class will be the 10x ?
It usually takes about 2 years to have a good sense for who is on a trajectory to maybe get there, and then about 10 years to see if they actually do.
Does YC have any initiatives planned for a Founders Conference that revolves around founders from URM groups, I'd love to see a conference for URM Founders, similar to the Female Founders Conference.
One of my partners is planning to do something here, but I'm not sure exactly what it's going to look like. (We run an extremely decentralized partnership.)
What is the problem/market that you think about most when you aren't at work?
Funds need a 10x return from one company to cover the entire fund. Is that a philosophy YC subscribes to, and if so, how long until it becomes evident which (if any) company in a given class will be the 10x ?
10x returns don't help us much. Our entire model is driven by occasional 10,000x returns. It usually takes about 2 years to have a good sense for who is on a trajectory to maybe get there, and then about 10 years to see if they actually do.