Re:90% of B2B YC companies have 50% of their revenue coming ...
by fakedang on Saturday December 02, 2023 @04:36PM
(#38502276)
It's just a quip on pg's take. But the core idea is true, in that YC companies tend to make more money through dealing with other YC companies, before growing reputed enough to take in customers outside YC.
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Re:90% of B2B YC companies have 50% of their revenue coming ...
by catchnear4321 on Saturday December 02, 2023 @04:53PM
(#38502420)
this is true for more than just yc, happens in a lot of vc.
if your saas becomes a customer of mine, and we share a common, well, let’s call it financier because that’s polite, then your helping me profit helps my helper, which is your helper. you might get some help for that.
now even more exciting is if my saas can become a customer of yours. we can both have better numbers, legitimately, and that makes our common master happy, twice.
Re:90% of B2B YC companies have 50% of their revenue coming ...
by DougN7 on Saturday December 02, 2023 @05:20PM
(#38502720)
I worked at a VC funded startup many years ago and we were essentially forced to do something like this for one of the other VC’s failing companies. We spent our limited funds on them, which we didn’t need, and it ended up sinking us. So in my opinion, the article is more about a shell game than anything positive.