Y Combinator startups received more than $ 1 billion funding in total
Whiteboard contributor Balazs Szabo did some digging in seed-db.com, and he came up with this gem: all the Y Combinator startups, taken together, have raked in more than $ 1 billion in funding, as he reports on his blog CEE Startups. Various disclaimers and caveats about the quality data in seed-db apply, of course (see their site), but still.
Another fun fact is this: the Y Combinator companies have amassed more funding than all the other 152 accelerators worldwide combined. Of course, Y Combinator is one of the longest running startup accelerators, which may account for a part of the skewed result.
|All Accelerator without Y Combinator (N=152)||Y Combinator|
|Number of exits||68||57|
|Funding (USD)||801 695 421 USD||1 009 779 400 USD|
But it’s not like all startups are created equal, even when they get accepted into Y Combinator. Like in the App Store (and the real world), you can expect a very small percentage of startups to account for the lion’s share of this funding.
So I decided to take a look at the top 20 of Y Combinator heavyweights. As I expected, the ranking shows that of the 500 companies funded, the top 20 startups like Dropbox, Airbnb, Xobni and Stripe, account for $ 727 million in financing, or 72 %. The one percent (just five startups) account for almost half (48 % or approximately $ 487 million) of the total funding.
|5||Loopt||jun/05||$ 32,006,000||$ 43,000,000||Exited|
|12||OMGPOP||jun/06||$ 16,600,000||$ 210,000,000||Exited||50|
|14||Five Stars||jan/11||$ 16,050,000||n/a||Operating||50|
|16||Heroku||jan/08||$ 13,020,000||$ 250,000,000||Exited||80|
|20||Pebble Technology||jan/11||$ 11,050,000||n/a||Operating|
Together accelerators worldwide created 6408 jobs, as you can see in this table:
|Number of registered programs worldwide||
|Number of successful exits||
|Sum of exit value||$ 1 130 258 600|
|Total funding||$ 1 793 109 821|
Source: CEE Startups based on http://www.seed-db.com (03.03.2013.)
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