Parse has been acquired by Facebook, as announced today on the Parse company blog and Facebook Developer blog. Parse is a platform-as-a-service for creating full-featured mobile apps. The “Heroku for mobile” went through YC S11 and now powers more than 60,000 apps. Comments from Parse and Facebook indicate this acquisition addresses long-term objectives for both […]
Swiftype is a new simple search engine for your website. Features of Swiftype include easy integration, detailed , and custom result ranking. There’s also a WordPress plugin. Rarely these days do you read about a new search engine company. Swiftype is worth writing about because its a fresh alternative in a market that hasn’t changed much […]
Greater wealth is created simply by not giving up so easy. That’s the conclusion of the data below for the 23 YC funded startups with known exit amounts. This post is a follow-up to Longevity of YC Startups From Funding Through Acquisition.
Sixty-one known companies funded by Y Combinator have exited through acquisition. That’s 11% of the 564 total companies. In my previous post, I stated the average lifespan of startups that get acquired is typically between 18 months to 24 months. Below is a complete list of the name and age of all 61 YC companies […]
37 YC Funded Companies Valued Over $40m is a post I wrote about a month ago. Six of the 37 companies valued over $40 million dollars were exits. I omitted any guess as to the remaining 31 companies. Since writing that, I’ve noted exits of seven additional companies. I’ve also done some quick research as to […]
Stripe has added new support for payouts, announced on the Stripe company blog. Payouts enable businesses to automate sending money through Stripe to bank accounts of third-party recipients. These new features are especially useful for marketplaces, which have recently reached new levels of demand because of both smartphones and the so-called share economy. The new payout […]
“As of now, 37 YC cos have valuations of or sold for at least $40m.” That’s according to a recent tweet by Paul Graham. Mr. Graham elaborates in a follow-up tweet that 37 is from a total 511 companies. So about 7% of all YC companies either are, or were at the time of their […]
||Parse is Heroku for mobile apps. Parse provides cloud services for mobile developers. It makes it dead simple to add a backend to your iOS or Android app.|