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A comment on Ask HN: Why have none of the ~940 YC companies ever gone public via IPO?. Parent comment

Re:Ask HN: Why have none of the ~940 YC companies ever gone ... by danw3 on Friday October 16, 2015 @03:01PM (#10401376)
Can you elaborate on Square's gold-plated credentials? Most of the news / comments I've read about square post their IPO disclosure have been negative (or at least skeptical) - largely to do with the increasing loss rate and the state of the payments market.
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Re:Ask HN: Why have none of the ~940 YC companies ever gone ... by 7Figures2Commas on Saturday October 17, 2015 @03:35PM (#10405738)
Square has prominent co-founders and raised over half a billion dollars from prominent investors.

One way to look at Square is as a company that essentially bought its way into the payments space. The question is whether its premium valuation is warranted.

Some analysts point out reasons to be skeptical[1].

[1] http://www.streetinsider.com/Analyst+Comments/Cowens+Damning...

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Re:Ask HN: Why have none of the ~940 YC companies ever gone ... by ksherlock on Monday October 19, 2015 @02:22PM (#10414613)
Famous founder with previous start up success, lots of VC capital, lots of press, lots of growth, lots of hype. Maybe they even have an open office with foosball and Aeron chars (or are standing desks the new status symbol?) As a start up, they're crushing it. As an actual company, you know, the kind where revenue > expenses, they utterly fail it.
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