Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

Tweets

Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

Tweets

  • © 2018 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    Austen Allred‏Verified account @AustenAllred Oct 17

    YC has funded ~1,900 companies. 93 are valued at >$100m 19 are valued at >$1b Obviously this is oversimplified, but a YC founder, on average, has a 5% chance of building a $100m company, and a 1% chance of building a $1b company. And that's probably low, as most are recent.

    5:17 PM - 17 Oct 2018
    • 150 Retweets
    • 766 Likes
    • TechLoaf Pete Skeele Jordan Odinsky Anu Nayyar StepOne Ventures Daniel Suarez Abdellatif Abdelfattah Rick Manelius, PhD Lakshay Kalra
    18 replies 150 retweets 766 likes
      1. New conversation
      2. Luca Dellanna‏ @DellAnnaLuca Oct 17
        Replying to @AustenAllred

        By that reasoning, a player that get drafted in an NBA team has a 10% possibility of growing to 7 feet tall during his career.

        1 reply 0 retweets 22 likes
      3. Austen Allred‏Verified account @AustenAllred Oct 17
        Replying to @DellAnnaLuca

        It would be interesting if every NBA player going into the draft was 12 inches tall

        1 reply 0 retweets 20 likes
      4. 1 more reply
      1. New conversation
      2. Jake Cohen‏ @jfccohen Oct 18
        Replying to @AustenAllred

        So the return on all funds is at least 6.4x (assuming $150k per company and 7% ownership)? That feels...low?

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Oct 18
        Replying to @jfccohen

        How are you doing that math?

        1 reply 0 retweets 0 likes
      4. Jake Cohen‏ @jfccohen Oct 18
        Replying to @AustenAllred

        ($9.3B + $19B)*.07 / ($175k * 1900) | obviously the >$1B companies are worth more than $1B on average, hence the "at least" on the multiple

        1 reply 0 retweets 0 likes
      5. Jake Cohen‏ @jfccohen Oct 18
        Replying to @jfccohen @AustenAllred

        Whoops...denominator is $150k * 1900

        1 reply 0 retweets 0 likes
      6. Juan Ignacio  👨‍🚀  🇻🇳‏ @juancaviglia Oct 18
        Replying to @jfccohen @AustenAllred

        With *many* / most outcomes still to be seen (600 of the 1900 companies went through YC in the past 2 years), return already looking to be above 10x.

        0 replies 0 retweets 1 like
      7. End of conversation
      1. New conversation
      2. Vijay Goel, M.D.‏ @vijaygoel Oct 17
        Replying to @AustenAllred

        Anyone know what those equity stakes look like for the founders net liquidation preferences? Or the outcome for the other 95%?

        1 reply 0 retweets 2 likes
      3. Jason Huggins  🦃‏ @hugs Oct 17
        Replying to @vijaygoel @AustenAllred

        At those high valuations, the founders get to build it, but the VCs get to own it.

        0 replies 0 retweets 7 likes
      4. End of conversation
      1. Fareed Mosavat‏ @far33d Oct 17
        Replying to @AustenAllred

        Would love to see a cohort view of survival rates and market values. What were the 2016 cohort stats at yr 1, yr 2 vs 2015, 2014, etc

        0 replies 1 retweet 5 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. TezosCommunity‏ @TezosCommunity Oct 17
        Replying to @AustenAllred

        More importantly, did the founders and early employees have life changing exits.

        0 replies 0 retweets 6 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Vijay Chakravarthy‏ @vchakrav Oct 18
        Replying to @AustenAllred

        conflating VC valuation with value of company.

        0 replies 1 retweet 1 like
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. New conversation
      2. Chantalle Dumonceaux‏ @chantalledum Oct 17
        Replying to @AustenAllred

        Interesting. Where’d you pull this data? Do you think YC has a sustainable edge why or why not

        1 reply 0 retweets 1 like
      3. Mark McLaren‏ @MarkMcLaren6 Oct 18
        Replying to @chantalledum @AustenAllred

        Austen's source was probably http://www.ycombinator.com/topcompanies/  To be honest, as a software entrepreneur with nowhere near this level of success, it can be a little depressing to read lists like this :(

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Kathleen Craig‏ @KathleenECraig Oct 17
        Replying to @AustenAllred

        Is it YC picking or the network you make through YC that gets you there...?

        0 replies 0 retweets 2 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Ajit  ⚡️‏ @ajithimself Oct 18
        Replying to @AustenAllred

        YC's really good at attracting future success. They never find successful startups, successful startups find them, and now I have found them too.

        0 replies 0 retweets 1 like
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Danny Iskandar‏ @diskandartweet Oct 18
        Replying to @AustenAllred

        How many of them at the end gone bust after 10 -20 years time frame?

        0 replies 0 retweets 1 like
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo

    Loading seems to be taking a while.

    Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

      Promoted Tweet

      false

      • © 2018 Twitter
      • About
      • Help Center
      • Terms
      • Privacy policy
      • Cookies
      • Ads info