Re:Startup studios that created billions in value
by todsacerdoti on Wednesday January 25, 2023 @10:48AM
(#34519665)
I don’t know where the author got his success rate data but as an LP I can confirm the data is wildly inaccurate.
[ Parent
| on HN ]
Re:Startup studios that created billions in value
by lemoneyeo on Wednesday January 25, 2023 @11:01AM
(#34519901)
Hey, I got it from public resources, nothing made up.
Can you, please, share what studio did I get wrong?
Re:Startup studios that created billions in value
by joedevon on Wednesday January 25, 2023 @11:52AM
(#34520679)
I'm skeptical as well though willing to listen.
Which public resources? I didn't see any references cited.
It's pretty common in the startup space to exaggerate, but even a reference to a studio's own stats would at least be a good start.
Re:Startup studios that created billions in value
by lemoneyeo on Wednesday January 25, 2023 @12:10PM
(#34520976)
I didn't think it's important, but will add the resources to the article. Thanks for the feedback.
Re:Startup studios that created billions in value
by RC_ITR on Wednesday January 25, 2023 @12:29PM
(#34521265)
Going to Idealab's Pitchbook page: 202 investments, 135 'exits' (I think this is where you get your 65% number), but 65 of those 135 'exits' were bankruptcy.
Re:Startup studios that created billions in value
by searchableguy on Wednesday January 25, 2023 @11:14AM
(#34520092)
Do founders actually retain more equity in startup studio model as mentioned in the post?
Isn't founder in such a place just another employee?
Re:Startup studios that created billions in value
by lemoneyeo on Wednesday January 25, 2023 @11:17AM
(#34520133)
I saw 2 types of studios
- that incubate their own ideas and bring founders to operate them. Here founders don't have the large stake, but it's not their idea and resources
- that bring outside founders with ideas. Here founders retain big part of equity.