Recycling startups?
Some startups, YCombinator or otherwise, aren't going to succeed, at least not enough to prevent their founders from taking other jobs or going back to school.
Another team might be able to take over and push the thing forward to another level, thereby giving some value to the founders and seed investors as well as a head start for themselves.
Kiko, which sold on eBay for $258K is the only example of this I'm aware of, at least from YC. While it may not have been as much of a success as the founders intended, it did produce quite decent value.
It's encouraging to think that there is some reward, even in the long tail.
Who might be interested in taking over another startup? Who might be interested in selling and moving on? Does YC facilitate?
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i.e. let's say you've developed a little site. it launched with a little buzz but then tapered off. you've added a bunch of features and a lot of the site/code infrastructure is in place to take it to the next level, but you've done very little marketing / etc.
What to do next in this case? I have a site like that which is kind of rotting on the vine... a few k in revenue each month gradually sloping downward without anymore work on it from my part.
Biggest problem: managing people part-time can be a huge pain.
Theres certainly some interesting YC companies that have gone missing that I would love to see revived. Jump Chat for example.
Does YC accept companies doing the same idea as a previous YC company?