Good effort! It's very nice to see the list on one sheet instead of following links on crunchbase or angellist. What was the methodology for coming up with the overall rank?
I've been browsing this for the past week or so and was wondering -- how do you generate your valuation estimates? Seems like the sum of exits for something like YC could be off by as much as $250M if you consider that the low quality estimates could vary by 100%+ from their true value.
There are no valuation estimates; just estimates on sale prices when companies have exited. Luckily the biggest exits are the ones that have press interest and thus have a price attached.
My methodology depends on research into previous funding rounds and a bit of guesswork, influenced by how the exit is framed. (Is it an acquihire? Or a traditional exit?) The reason I put the H/M/L indications is to be up-front and honest about it. You're correct in that they could be off, but $250million is <25% of the total value of exits that I have recorded.
In some cases I've had insiders e-mail me with details where my estimate is off; in these cases I do correct my figure but keep the original H/M/L indication.
Wow, that's amazing that insiders are sharing knowledge with you like that. Ever since I've found seed-db I've been sharing the surprising (to me) fact with people that YC has ~90% of the recorded exists in the accelerator ecosystem. That figure, of course, comes with an asterisk :)
Frankly, YC startups get the lion share of press attention. Between that and Hacker News, it's always easier to get information on YC startup exits than those from other programs.
And generally insiders only get in touch with me around my worst valuation errors. :)
The MAU numbers are way off for us (and some others I have a pretty good idea about), so I'm not sure you're measuring anything accurately about mobile, FYI.
Pretty cool. Only comment would be to add in something that takes into account Estimated Revenue or Valuation (no way Airbnb can be considered 7th).
I'm not sure of an easy data source for that so you might be able to use the Crunchbase api for Total Funding as a first order approximation.(Kind of surprised Crunchbase doesn't have latest valuation / revenue numbers, rumored or real)
Startups that sell things don't need as much traffic to make the same amount of money. Dropbox & Airbnb should be a lot higher than Scribd. Also, the list is missing Shoptiques.
Hmmm, that's not how I saw it at all going through YC. The companies on the top of this list are the ones I look up to, and it's cool to see people sticking it out after 3+ years and kicking ass. There was healthy competition inside the batch to do things like launch and have new stuff to show off each week, but it always felt motivating not mean-spirited.
Well...that's usually the feedback we hear from YC-founders themselves. There is competition, but it is friendly, not adversarial like the tech press likes to paint.
But, if I recall correctly, I distinctly remember PG & gang bristling when they hear this - because they don't want to feed any competition at all.
Well....that's just my impression, as an outsider looking in anyway.
Either way, this is an intriguing concept for sure :)
9gag was immensely popular and profitable before joining YC. They joined YC for the experience.
They monetize the service by ad impressions. I can't think of any other ways they can more deeply engage with the audience while monetizing at the same time.
You should look at Alexa for world traffic vs US traffic, not many YC companies are targeting international users yet but are very successful in the US. Take into account FB/Twitter followers as well. Even though followers don't determine success, companies that don't grow their social side of the business usually indicate a slow growth or nongrowth business. Also goes to show how much extra time or money they have to throw at it.
These stats hardly rank some companies like Disqus where they should be. In all honesty, I'm surprised (with the metrics used) that it ranks Disqus as well as it does at all.
It also can't gauge the most important metric of them all: revenue.
I think the absolute numbers may indeed poor indicators, but looking at the derivative or trends tells a different story. At https://starthq.com we are working on recording historic data and showing the rate of acceleration in numbers like Compete rank to give an indication as to whether the startup is up and coming, has plateaued or is in decline.
dmor: Would you be OK with us adapting your method, with attribution of course? We would be able to calculate the scores automatically and update them daily.
This is an excellent initiative and has the benefit to cast some light and provide visibility on the Y Combinator startups. They will love that.
On the other hand the one dimensional ranking is not a good idea because the reality is that this doesn't exit. There are many parameters to consider and many of them are not disclosed.
Maybe you could converge interest of Y Combinator startups seeking visibility and high value contacts, and on the other end, people who want to know who the Y Combinator startups are, what they do, where there are at it. Some people might event want to pay a fee for premium information or access to backstage information.
It could be a facebook like server for Y Combinator startups with premium services.
Interesting to see Scribd has such a high Alexa and FB mau rank. Scribd is not as hyped as the rest of the top 10 imo. Anyone know if they are profitable?
One thing I'd love to see this evolve into is a timeline for each company. When it was started, when they received funding and how much, when they reached 10k/1m/10m users, etc. It could look like an Alexa/Compete/etc chart with these milestones added on top. This would make for a great research tool.
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[ 1.6 ms ] story [ 129 ms ] threadhttp://www.seed-db.com/accelerators/view?acceleratorid=1011
My methodology depends on research into previous funding rounds and a bit of guesswork, influenced by how the exit is framed. (Is it an acquihire? Or a traditional exit?) The reason I put the H/M/L indications is to be up-front and honest about it. You're correct in that they could be off, but $250million is <25% of the total value of exits that I have recorded.
In some cases I've had insiders e-mail me with details where my estimate is off; in these cases I do correct my figure but keep the original H/M/L indication.
And generally insiders only get in touch with me around my worst valuation errors. :)
It seems like you know how to get more people to contribute data. :)
(terribly hard to view in the blog post IFRAME)
Just using publicly available data like top 10 social networks, you can see Bump is top 10 in many regions:
http://www.apple.com/euro/itunes/charts/apps/top10appstoreso...
The MAU numbers are way off for us (and some others I have a pretty good idea about), so I'm not sure you're measuring anything accurately about mobile, FYI.
- Jamie @ bump
I'm not sure of an easy data source for that so you might be able to use the Crunchbase api for Total Funding as a first order approximation.(Kind of surprised Crunchbase doesn't have latest valuation / revenue numbers, rumored or real)
I'm most interested in the companies with very low rankings - however Sheet 2 isn't loading for me.
This will likely exacerbate that, so I am interested to see what PG thinks about all of this.
But, if I recall correctly, I distinctly remember PG & gang bristling when they hear this - because they don't want to feed any competition at all.
Well....that's just my impression, as an outsider looking in anyway.
Either way, this is an intriguing concept for sure :)
They monetize the service by ad impressions. I can't think of any other ways they can more deeply engage with the audience while monetizing at the same time.
It also can't gauge the most important metric of them all: revenue.
dmor: Would you be OK with us adapting your method, with attribution of course? We would be able to calculate the scores automatically and update them daily.
On the other hand the one dimensional ranking is not a good idea because the reality is that this doesn't exit. There are many parameters to consider and many of them are not disclosed.
Maybe you could converge interest of Y Combinator startups seeking visibility and high value contacts, and on the other end, people who want to know who the Y Combinator startups are, what they do, where there are at it. Some people might event want to pay a fee for premium information or access to backstage information.
It could be a facebook like server for Y Combinator startups with premium services.