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NLPsajeeth
on May 27, 2013
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37 YC Companies have valuations of or been sold fo...
pg says in a later tweet reply [1] that it is 37 out of 511. Which is 7.24%.
[1]
https://twitter.com/paulg/status/338809374459977729
johnrob
on May 27, 2013
[–]
40 million is an arbitrary number, but it's still interesting that 7% is also the average YC equity stake.
grinich
on May 27, 2013
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Why is that interesting?
johnrob
on May 27, 2013
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[–]
The way you justify taking x% equity is by offering to improve the odds of success by at least x%. 40 million is definitely above any basic notion of success, so it would indeed appear that YC is delivering.
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[1] https://twitter.com/paulg/status/338809374459977729