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by upupandup 1493 days ago
seems like a lot of YC IPO companies are struggling to keep their share prices afloat and this seems like something to send more paying customers to its network of YC backed businesses.

ex) Docusign is down by at least 80%

3 comments

A lot to unpack here.

1. Stripe is a private company, it hasn't IPO'd.

2. YC was an early investor in Stripe, but as a late stage company, Stripe has many, many stakeholders that are investors: https://www.crunchbase.com/organization/stripe/company_finan... to think that they're beholden to YC and would make business decisions for the sake of YC companies -- oof.

Lot of the companies featured in the marketplace is what I'm referring to I don't think its esoteric knowledge of those points you listed.

But I'm sure you been paying attention to the markets....

> Lot of the companies featured in the marketplace is what I'm referring...

This isn't actually what you said in your original post, but sure, let's breakdown this too. Under "Featured apps" there's Mailchimp, Dropbox, Google Drive, Bench Accounting, Ramp, and Render. Dropbox is the only one I recognize as a YC company.

I pay attention to a lot of things. What do you pay attention to?

Do you work for YC? Why do you care so much?
No, I don't work for YC. I do get value from this site and would prefer it not be a cesspool of ignorant conspiracy theories when possible.
so its a conspiracy that Docusign is down 80% from ATH as are many YC backed IPO stocks?

Just open up a chart and have a go at the numerous tickers YC is involved with. Are those stocks that you would trust your life savings with and that its a conspiracy that they are struggling with potential problems to capital and liquidity?

If you are going to simp for YC at least have skin in the game

Docusign is up 80% over last 5 years. The covid surge of docusign never really made much sense.
I tough you're referring to their recent outage event (yesterday). Doesn't make sense to have such events at their level. Or is it something fishy there..
YC has no real clout anymore.
careful you might get shadowbanned for that!
By doing that indeed or critiquing YC-darling Stripe or any of their employees reading HN.