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$50k invested in Segment after Demo Day yielded about $12.4m. You had to be pretty bold to invest after Demo Day, though, because then they were making technology to warn lecturers when students could no longer follow them.
I still think there's something to the idea of telling speakers anonymously when you can no longer follow them. How often have you been in that situation and said nothing? The problem is, professors are the world's worst initial market. Maybe now it's just a Zoom feature.
That's ridiculous what in the world!
I'd love to see their sales map into an organisation...?
What’s was the return on YC’s investment?
Likely right around $30 million.
"The problem with the first product and Product-Market Fit is that you can move the product and you can move the market — because it's fit between these two things… and they move in some crazy multi-dimensional space."
@reinpk @segment via @ycombinatorhttps://www.ycombinator.com/library/6B-on-finding-product-market-fit-at-segment-yc-s11 …
"Previously you're building a thing and you roll it out ...you're pushing it out and all of a sudden you put a thing out there and people start running away with it, and using it in ways that you didn't necessarily expect and you're sort of like, "Wait, wait, wait, wait, wait. ”
And you would have to have been at Demo Day. I often wish there was a way to invest in startups without being part of the "in crowd".
Looks like YC & angels rolled over from the previous entity to the new segment entity..
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