Re:YC Top Companies List
by syntaxing on Wednesday October 17, 2018 @12:03PM
(#18240362)
I'm curious how much YC has made these couples years from this list. Does YC take a specific percentage when you join their incubator?
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YC usually takes 7% for $150k in funding. You can read more about the Y Combinator Deal here https://www.ycombinator.com/deal
Re:YC Top Companies List
by capocannoniere on Wednesday October 17, 2018 @03:01PM
(#18242519)
Interesting to note:
> In addition, we will continue to support the company in the priced equity round in which the safe converts, and subsequent financing rounds (priced equity rounds or bridge financing rounds) by participating in those rounds to approximately maintain our 7% ownership.
This has been the case since 2015 approximately [1]. This means YC's stake in many of these companies is in the order of 10s or even 100s of millions, since they keep their 7% through subsequent funding rounds. That's huge.
It's tricky to figure out, because of course there's the standard 7% for 150k but they also do some later stage deals.