California-based Y Combinator has put together a list of 101 top alumni based on valuation as of October 2018, and several Canadian companies made the list.
The companies include North (formerly Thalmic, which just confirmed pricing and availability for its smart glasses) in 29th; video platform Vidyard in 43rd; and healthtech company Atomwise, which was originally based at the University of Toronto’s incubator before moving into Y Combinator, at 62.
“We put this list together to help people get to know some of the fastest growing alumni in the YC community. We’re proud to know the founders behind these companies and that we’re a part of their stories,” reads the website. The list also includes statistics such as the cumulative value of the top companies ($100 million) and the number of jobs created by the top companies (28,000).
Y Combinator disclosed that although valuation is a poor way to measure a company’s value in the short term, “it’s the most commonly available metric to compare companies in the startup world.”
