Community-adjusted EBITDA. Filed for bankruptcy.
Not technically YC, but Adam Neumann got $350M from the YC Continuity Fund. The company that invented 'community-adjusted EBITDA' and spent $13 on every $1 of revenue . IPO collapsed, Neumann ousted, filed for bankruptcy in 2023. Then Neumann raised $350M for a new startup. Silicon Valley's memory is 18 months.
Satirical project. Not affiliated with Y Combinator. All information from public records.