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Stripe Is Now a $20B Company

(www.bloomberg.com)
563 points jonknee | 4 comments | 26 Sep 18 18:04 UTC | HN request time: 0.615s | source
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haaen ◴[26 Sep 18 19:17 UTC] No.18079316[source]▶
Stripe is the second most valuable YC company. Total valuation of all companies that YC funded (more than 1,900) now exceeds 100 billon dollars.

Airbnb has a private valuation of 31 billion. Stripe has a private valuation of 20 billion. Dropbox has a public valuation (DBX) of 11 billion.

So the two most valuable companies account for about half the total value of all the YC companies. This is what a power law looks like!

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1. lifeisstillgood ◴[26 Sep 18 19:45 UTC] No.18079560[source]▶
To the founders and employees of all the other less "powerful" companies - well done too ... making the world better, however you are doing it, is powerful work. keep it up :-)
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2. martinvol ◴[26 Sep 18 20:33 UTC] No.18079997[source]▶
You should google power law, I think you misunderstood everything and have a chance to learn an amazing statistical concept today :)
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3. jzoch ◴[26 Sep 18 20:43 UTC] No.18080087[source]▶
How did you come to the conclusion that he misunderstood anything at all? Reading his comment I cant see how you think that.
4. lifeisstillgood ◴[26 Sep 18 20:45 UTC] No.18080112[source]▶
No I understand it. I even have at least one book extolling it in business and life.

I just wanted to convey that the sheer act of starting and running any (non evil) business is a Good Thing and worth doing irrespective of your valuation, power laws or not. More power to their elbows. (That is such a flexible word!)

Any way, assuming power laws hold in life is like assuming financial markets have normal distributions - it's gravy while true, but if it ain't so, things can get hairy. :-)