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by sombremesa
1868 days ago
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Yep, you can actually go through the list of companies YC has funded on the website and most of them are out of business today (as you’d expect based on the stats on VC backed ventures). Of course, nobody talks about those. |
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What would have been more insightful is a conversation around relative benchmarks. For example, "do YC companies fail at a higher rate than the cohort of equally funded companies?" (hint: no).
Or perhaps, if you're trying to criticize the VC industry, perhaps ask, "if a VC put in money in every YC company since the beginning of YC, what would their IRR be today?" (hint: massive).