That would value YC at around $400m, but isn't the mean dilution insufficient, since YC would be diluted the most for the highest valued startups?
A very interesting question: once it's all said and done (let's say in 30 years), do you think YC will have a greater valuation than any single YC startup?
Unlikely given the power law distribution of startup outcomes. But if you set a threshold defining a big hit and we funded 33 of them we'd end up being one ourselves. It's conceivable we could fund 33 big hits in 30 years. Depends how much we grow.
