Re:Launch HN: BlackOakTV (YC S21) – Netflix for black people
by swman on Friday August 06, 2021 @07:04PM
(#28093779)
True. I was making a simple blanket statement that for most VC backed companies you can be sure the end goal is either acquisition or successful ipo.
Re:Launch HN: BlackOakTV (YC S21) – Netflix for black people
by jacquesm on Friday August 06, 2021 @07:14PM
(#28093883)
How many YC companies ended up going public out of the total? And how large is that total? What is the expected timeframe from launch to IPO? How many companies still outside of that window? Those would be interesting stats to have.
Re:Launch HN: BlackOakTV (YC S21) – Netflix for black people
by dang on Friday August 06, 2021 @07:32PM
(#28094037)
Sorry, I don't know the answers—but few so far (fewer than 10 I think). More in the last couple years though. It takes a long time. I'll see if I can convince someone who knows more than I do to comment here.
Just for clarity, when YC funds a company, the goal is not to have it get acquired. It's to have it go public. Acquisition interrupts that, so it's a suboptimal outcome. That said, YC supports what founders want to do.