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Stripe Is Now a $20B Company

(www.bloomberg.com)
563 points jonknee | 1 comments | | HN request time: 0.201s | source
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haaen ◴[] 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. allenleein ◴[] No.18082121[source]
In case you don't know, Y Combinator sold about half of its holdings(Dropbox) to other investors at around the same time as the series B financing round led by Index.

That’s the only time that Y Combinator has ever sold any portfolio company’s shares in a secondary transaction.

I don't understand why YC did that? It seems like not a good move.

Source: https://www.recode.net/2018/3/22/17150770/sequoia-dropbox-ip...