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#32 · Annual Reports

State of YC 2023: Winners, Misses, and Lessons

Revisit W23 and S23 with later evidence to see which bets strengthened, weakened, or changed direction.

W23 + S23 with 12-month outcome data — which bets paid off, which didn't, and the lessons that apply to founding today.

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A sample of the company fields used in annual analysis

Pro adds complete batch coverage and 12-month outcome evidence, organized by category and founding lesson.

CompanyBatchCategoryPublic recordSource
DeelW19Global Payroll$12B valuation (2023). Global EOR + payroll.Verify ↗
WhatnotW20Live Commerce$3.7B valuation (2022). Live-stream marketplace.Verify ↗
PostHogW20DevTools / AnalyticsOpen-source product analytics.Verify ↗

3 representative records · Full analysis and complete dataset in Pro

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What's inside

  • · Structured rows — searchable, filterable, exportable
  • · Source link on every entry — verifiable in one click
  • · Founder, batch, category and outcome tagging
  • · Updated as new public information emerges
  • · Web-readable + PDF download
  • · Complete database included with YC Insights Pro

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FAQ

What can I learn from this free YC 2023 report sample?
Pro adds complete batch coverage and 12-month outcome evidence, organized by category and founding lesson. The sample rows are live, source-linked records you can verify without signing up.
What is the State of YC 2023 — Complete Report?
W23 + S23 with 12-month outcome data — which bets paid off, which didn't, and the lessons that apply to founding today. It's part of the YC Insights database — the largest open library of Y Combinator learnings, built entirely from publicly available essays, batch pages, founder interviews and S-1 filings.
Who is the State of YC 2023 — Complete Report for?
Founders, operators and investors who want a structured view of the annual reports side of the YC ecosystem. Whether you're applying to YC, picking an idea, or studying what's worked, this database compresses hundreds of hours of public research into one place.
Where does the data come from?
Everything is sourced from publicly available material: YC's own website, batch pages, founder interviews, partner talks, S-1 filings, and long-form podcasts. Every claim is linkable to a public source — no insider data, no leaks.
How do I access the full State of YC 2023 — Complete Report?
The live sample is available on this page with no signup. YC Insights Pro members get the complete searchable database, every source link, filters, and future updates for $19/month or $190/year.
Is YC Insights affiliated with Y Combinator?
No. YC Insights is an independent research project. We are not affiliated with, endorsed by, or sponsored by Y Combinator. Everything we publish is built from publicly available Y Combinator material with sources linked.
What else is in the YC Insights database?
46 databases in total across founder origins, pivots, first-1000-customer stories, batch packs, vertical packs, deep reports and master playbooks. Browse them all at /database.

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YC Insights is an independent resource. Not affiliated with or endorsed by Y Combinator. Built from publicly available material.