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The Aha Moments That Made Y Combinator Possible

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Re: The Aha Moments That Made Y Combinator Possible

#21
post #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.

3% of 13.7 billion (and growing) is still worth writing home about!

Re: The Aha Moments That Made Y Combinator Possible

#23
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.

What are your feelings about this? What would your 30 year old self have thought?

Re: The Aha Moments That Made Y Combinator Possible

#24
post #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.

That would value YC at around $400m, but isn't the mean dilution insufficient, since YC would be diluted the most for the highest valued startups?

A very interesting question: once it's all said and done (let's say in 30 years), do you think YC will have a greater valuation than any single YC startup?

Re: The Aha Moments That Made Y Combinator Possible

#25
I am disappointed by this article. It made such a big deal about PG hating to work with Windows, and reduced the innovation of web applications to a way to not work in Windows.

Really?

Clearly the whole point was to get away from developing desktop applications, and realizing the single-source, rapid development nature of web apps.

Please don't tell me that developing client apps on Windows was so much worse then doing it on Linux. Its bullshit. Overfocusing on this aspect of the story feels like platform fanboyism, misses the real point, and just overall kind of cheapens PG's stellar image.

Re: The Aha Moments That Made Y Combinator Possible

#26

I am disappointed by this article. It made such a big deal about PG hating to work with Windows, and reduced the innovation of web applications to a way to not work in Windows. Really? Clearly the whole point was to get away from developing desktop applications, and realizing the single-source, rapid development nature of web apps. Please don't tell me that developing client apps on Windows was so much worse then doi…

Please don't tell me that developing client apps on Windows was so much worse then doing it on Linux.

Uh, what Linux? No, pg worked on Lisp Machines before, and that's why Windows were hurting him so much.

Re: The Aha Moments That Made Y Combinator Possible

#27

I am disappointed by this article. It made such a big deal about PG hating to work with Windows, and reduced the innovation of web applications to a way to not work in Windows. Really? Clearly the whole point was to get away from developing desktop applications, and realizing the single-source, rapid development nature of web apps. Please don't tell me that developing client apps on Windows was so much worse then doi…

> Please don't tell me that developing client apps on Windows was so much worse then doing it on Linux.

- Many Windows-only concepts (registry) hold key configuration data.

- Lack of a proper command line environment (somewhat covered by Cygwin, but not ideal). PowerShell is interesting, but, again, is very alien to non-Windows tools.

- No select-middle-click copy/paste (it's an incredible time-saver).

- Limited number of available languages and tools and the difficulty of integrating them (you have to add every install directory to PATH - unless you are running Cygwin).

- Case-insensitive filesystem (and some subtle bugs that it allows).

- It's almost impossible to open a tempfile and delete it while you still have the file handle.

- No package management (you can't just "yum install" what you need)

- No package management (you have to bundle every dependency with your installer)

It's not bullshit. Unless you are developing for Windows only, developing under Windows is quite painful.

Re: The Aha Moments That Made Y Combinator Possible

#28
post #18

Earlier quoted context omitted.

Do you paint or draw anymore? Just curious.

Only for my kids.

Hi. Recently most of your published writings are about startups. I sometime hope you will write about a wider set of topics. Just saying...

Re: The Aha Moments That Made Y Combinator Possible

#30

I am disappointed by this article. It made such a big deal about PG hating to work with Windows, and reduced the innovation of web applications to a way to not work in Windows. Really? Clearly the whole point was to get away from developing desktop applications, and realizing the single-source, rapid development nature of web apps. Please don't tell me that developing client apps on Windows was so much worse then doi…

Actually it was no exaggeration.
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