Puri: Y Combinator returned 320x in its first decade
Shaan Puri · How Silicon Valley’s Most Prolific Investor Picks Unicorns | Elad Gil Interview · Oct 8, 2024 · at 18:06
Shaan Puri discusses venture capital fund returns and historical outlier performance with angel investor Elad Gil.
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“The first 10 years of YC, they basically turned like something like twelve million dollars Into, like, ten billion dollars of value for them, from themselves, because they were writing super small checks early on and getting basically, like, was seven percent? Seven percent, but even diluted down, like, the Airbnbs, the Dropboxes, like, just the, even just the top five companies, they, let's say they net own, like, two percent of these when they go public. I mean, they basically had a, you know, 320 X on their money in that first decade.”
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