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You can't count on that, because acquisitions are so unpredictable. In bad times they dry up entirely. YC was not in the black till December 2010, more than 5 years after we started.

Sounds like it was Heroku's $212 million sale to Salesforce that pushed YC into the black. Though, I imagine if you also include on paper gains, you were in the black much earlier.

Actually it was either Zecter or Cloudkick. December was a big month.

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