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by koolba 3324 days ago
If there's no dividends or liquidation ability then why would they be valued anything but zero?
2 comments

The valuation of a company is a reflection of the value of the underlying assets. In the case of YC that is the sum of the value of all the companies YC holds stock in plus intangibles such as the value of the YC brand.
You could liquidate the shares by leaving the company.