One way to measure is just on exists so far, which is a strict lower bound, but doesn't change with the market. I bet YC is in the black just from exits, and this can be measured explicitly. What is the sum of YC's returns from exits (and cash value for stock) over the sum of money spent on investments?
Measuring the value of companies that have grown dramatically since the last round if pretty arbitrary. If this estimate were done on the same companies in the same states but in 2009, wouldn't it be off by 50%?
Measuring the value of companies that have grown dramatically since the last round if pretty arbitrary. If this estimate were done on the same companies in the same states but in 2009, wouldn't it be off by 50%?