What Are the Odds Your Tech Startup Is the Next Big Thing?

Y Combinator is a seed accelerator located in Silicon Valley. Notable companies that successfully went through their program: Dropbox, Airbnb, Stripe. What Are the Odds Your Tech Startup Is The Next Big Thing? Performance of Y Combinator Startups (measured over a Period of 5 Years) 10,220 startups applied (1) 511 startups were accepted into the program 37 startups sold for/or have a valuation of $4OM+ SUCCESS "Don't worry about failure. You only have to be right once." Drew Houston, Co-founder Dropbox 99.6% of the companies applied companies accepted will eventually fail (2) 7% of the companies accepted will succeed 93% of the will eventually fail (2) Assuming your tech startup wouldn't be accepted into the program, your odds of becoming a $40M success are 0.4%. And your odds are still much better than winning the lottery: 1 in 13,983,816 (3) A GraphicSprings.com Infographic. ) LINK ATTRIBUTION REQUIRED Source: www.businessinsider.com/startup-odds-of-success-2013-5 www.ycombinator.com Assumptions: (1) 5% acceptance rate (2) "Failure" defined as not reaching the $40m benchmark (3) Picking the right six numbers from 49