News for hackers. Stuff that matters.
Re:Y Combinator and Power in Silicon Valley by worksonmymach on Tuesday December 03, 2024 @08:13PM (#42313562)
I like this metric. YC doesn't own all of that but that doesn't matter for this exercise. That $458 billion is disjointed. It cannot move as one (when needed) like say Microsoft can. It cannot buy GitHub or OpenAI. But then it wont self distruct either. That is both a plus and minus.
Re:Y Combinator and Power in Silicon Valley by tim333 on Wednesday December 04, 2024 @09:25AM (#42317690)
Yeah. I think YC's ownership is of the order of 3%.