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by mariozivic 4620 days ago
"YC investment results in an average of 6% ownership, 6% of $13.7B is $822,000,000." - this statement is not actually correct. YC ownership averages 6% at the time when YC enters but that doesn't mean that YC gets 6% of $13.7B. Companies contributing most of these $13.7B have probably gone through additional financing rounds diluting YC's stake. But even if YC is diluted 10x, it's still remarkable ROI.
1 comments

Confirmed YC ownership is subject to dilution. I appreciate your tact in pointing out my error.