We ourselves don't know the percentage owned by founders. But considering that investors continually complain that YC companies are overpriced, it may be higher than the industry average.
We ourselves don't know the percentage owned by founders. But considering that investors continually complain that YC companies are overpriced, it may be higher than the industry average.
The average valuation of the 268 of those 511 companies that have valuations (by being acquired, raising an equity round, or going out of business, in which case it's zero) is $43 million.
Isn't it almost always going to be the case that the founders got diluted by the same proportion as you did? In which case, based on your comment below of YC being diluted from about 6% to about 3%, presumably the founders (who started out owning almost all the stock) would now be around 50%.
I feel like I must be missing something obvious here.
In all seriousness, congratulations pg. You've played your cards very well the past 10 years.
3% of (US$ 11.5 billion) = 345 million U.S. dollars
and
6% of (US$ 11.5 billion) = 690 million U.S. dollars
When one of them goes public, we'll find out how much of that one is founder-owned :)
Thanks for the info.