Why seed camps like Y Combinator haven't produced any startup with $100M+ exit?(quora.com)
quora.com
Why seed camps like Y Combinator haven't produced any startup with $100M+ exit?
http://www.quora.com/Are-there-structural-reasons-why-seed-camps-like-Y-Combinator-havent-produced-any-startup-with-100M-exit
2 comments
They did. "Salesforce Buys Heroku (YC W08) For $212 Million In Cash"
http://techcrunch.com/2010/12/08/breaking-salesforce-buys-he...
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I suspect the main reason is the obvious one: such startups are extremely rare, and there have been only a few hundred or few thousand seed-funded startups. If you compulsively read Techcrunch or HN you'll get a skewed view of the startup world and conclude that such exits are much, much more common than they really are. The vast majority get acquired for $10M or less.