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Updates from YC

359 点作者 peteratt大约 6 年前

20 条评论

kaycebasques大约 6 年前
&gt; The current total market capitalization of YC companies is around $150 billion. The YC network now has over 4,000 alumni and 1,900 companies, and it has become a reliable source of advice, customers, friendship, and support for YC founders.<p>A question for people more savvy about VC than me. What&#x27;s your ballpark estimate on YC&#x27;s bottom line? They put $150K at least into each company, right? So that&#x27;s $285M right there? But some of those are non-profits, in which case they only put $100K into the company. And then they get 7% of each company, which would theoretically be $10.5B? $150B * 0.07 = $10.5B (just removing non-profits from the equation). But accounting for dilution, it would probably be less than 7% ownership? In other words, I guess we&#x27;d need an estimate of how much YC actually owns in its overall portfolio.<p>Forgive me if my numbers are wildly off or naive. VC isn&#x27;t my domain.
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shafyy大约 6 年前
I&#x27;m a bit worried that we might be seeing &quot;peak YC&quot;.<p>Clearly, Sam Altman and Michael Seibel are the most influential and impactful people that drive YC forward. Sam&#x27;s on the way out, and I wouldn&#x27;t be surprised if Michael also leaves in 1-2 years. Is YC going to be able to innovate without them?<p>Furthermore, I would suggest that YC is becoming more risk-averse as it grows (as any organization does). Will that mean worse decision making?<p>Another point is that the average age of YC partners is growing. Will that hinder them to spot and understand new trends, and pick the right companies?<p>Now, this is an outside-view analysis. I&#x27;ve spoken to a few YC partners (as part of office hours or at events), but never went through YC myself. I know quite a few people who did, and they seem always most impressed with Sam and Michael.<p>Edit: Typos
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jdsully大约 6 年前
I think it says something about our industry that I assumed they were about to discontinue something or make a change that negatively impacted people.
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akozak大约 6 年前
I&#x27;m curious why more bay area startups haven&#x27;t come to Oakland. (maybe it&#x27;s happening and it&#x27;s just not obvious?)<p>Always felt like there was plenty of potential office space relatively close to BART but maybe that&#x27;s wrong.
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denisvlr大约 6 年前
I was in YC W16 batch.<p>Coming from abroad, part of the YC experience was, besides the program itself, renting a house in a residential area of Palo Alto where our team of 4 lived and worked. We didn’t have a car and the nearest bars &amp; restaurants were at a 20 minutes bike ride. This set up felt like a retreat, and really pushed us to 100% focus on our startup. Basically the only things I did for 4 months is working, exercising in the surrounding parks and eating homemade food.<p>Had YC been located in SF it would have been a totally different experience. It’s a vibrant and exciting city specially for new comers.<p>However, I understand YC’s rationale: most local founders live in SF and the 1h commute is painful, the current building is not easily accessible, and doesn’t scale to bigger and bigger batches, etc.
tzhenghao大约 6 年前
I definitely understand the point on moving to SF. I was there for a YC hackathon few months ago, and their current office wasn&#x27;t logistically easy to get to without a car&#x2F;Uber. It wasn&#x27;t close to a Caltrain station either, so it&#x27;s a much bigger pain point for those commuting down from the city too.
sethbannon大约 6 年前
This is really bittersweet news.<p>On the one hand, this is a huge loss for YC. Sam&#x27;s energy and vision helped herald in YC v2.0. His leadership will be sorely missed.<p>On the other hand, I&#x27;ll sleep better at night knowing he&#x27;s dedicating himself fully to AI safety and the work of OpenAI. There&#x27;s no one I&#x27;d rather have leading the effort to ensure AI development doesn&#x27;t lead to a dark future.
rsweeney21大约 6 年前
Am I the only one that feels like the YC brand is being diluted by the increasing size of their batches? 200 companies feels like too many.
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ironchief大约 6 年前
Altman (YC) leans into SF<p>Thiel leans away<p>Will be interesting to see the winning move
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tosh大约 6 年前
I wonder when YC is forking to other cities.<p>Staying in the Bay Area longer than other acceleration programs which decentralized (&amp; often diluted their network and quality) earlier was wise. That said, from the outside it seems like sticking to the Bay Area is no longer optimal.<p>Startup School and YC China are mentioned but I think by now there must be enough YC alumni all over the world to facilitate local communities&#x2F;office hours and investment activity (while keeping the quality).<p>For example I like how Lambda School is expanding globally much faster. I know the two are difficult to compare and it is not a straight forward decision to make.<p>Would love to learn if you have some thoughts on this.
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craigkerstiens大约 6 年前
Really surprised by the consideration of moving to SF. For a long time now YC stated that the ability to focus down in the valley was key, though immediately founders moved to the city after. I knew of a few cases where founders were based in the city and would commute down on needed days.<p>I&#x27;m a bit surprised as this shift now as it was positioned as thought out before, but the reality is the center of new tech startups is now very much SF.
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lightedman大约 6 年前
My question, how many of those companies funded by YC have been caught doing things we don&#x27;t like, such as dark patterns, data collection, and more? I can already think of two companies off the top of my head. It&#x27;s pretty much a given fact on this planet you don&#x27;t get huge valuations and money unless you&#x27;re about to violate someone&#x27;s privacy and sanctity.<p>&quot;Speaking of San Francisco, we are considering moving YC to the city and are currently looking for space. The center of gravity for new startups has clearly shifted over the past five years, and although we love our space in Mountain View, we are rethinking whether the logistical tradeoff is worth it, especially given how difficult the commute has become. We also want to be closer to our Bay Area alumni, who disproportionately live and work in San Francisco.&quot;<p>Telecommuting works just fine for me when it comes to designing, prototyping, and testing actual physical products with companies around the world, from LEDs to solar panels to remotely-controlled hydroponics facilities - why can&#x27;t you do the same with your primarily software and speaking stuff?
minimaxir大约 6 年前
&gt; Speaking of San Francisco, we are considering moving YC to the city and are currently looking for space.<p>I thought YC had an office in the city?
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dennisgorelik大约 6 年前
What is &quot;the current total market capitalization of YC companies&quot; that were accepted into YC since Paul Graham and Jessica Livingston left YC (~February 2014)?<p>That would be an interesting metric that evaluates Sam Altman&#x27;s performance at YC.
pylus大约 6 年前
Market cap $150 billion is insane. Never thought it is that big.
randomsearch大约 6 年前
Rather than monetary valuation, what do you think have been the most innovative and significant startups from YC?
dennisgorelik大约 6 年前
It is weird that these &quot;Updates from YC&quot; do not list the name of the author of these updates...
appstorelottery大约 6 年前
I didn’t hear anything about the 10k grants to startup school attendees. Did this happen?
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shmooth大约 6 年前
Sam finally too far off the deep end
N0RMAN大约 6 年前
Sam who?
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