Yc Ipo

Y Combinator sold about half of their shares in the series B when index led. They typically take 7% as part of the accelerator program would have gotten diluted down to 4%. Today, at the market cap that the company closed at yesterday, even YC's remaining stake is what about half a billion dollars? Let's see. In the series C, their remaining stake would have been about $170 million. So maybe about $200. But I think this is probably the first of many YC IPOs that we'll see where they all will take home about that much cash over and over and over again over the next several years.