Y Combinator

From Simple English Wikipedia, the free encyclopedia

Y Combinator is an American seed money startup. The accelerator invested into 2,000 companies.[1]

It is based in Mountain View, California.

Overview[change | change source]

Y Combinator has been founded in March 2005 by Paul Graham and other investors.[2] The main task is to help different companies develop and find investors.

The program consists of weekly dinners, where guests (experts in various industries) are invited to talk to the founders of companies. They can give advice or invest into the startup in exchange for 7% of the company's shares.[3][4]

As of 2019, Y Combinator has invested more than 2,000 companies, including Dropbox, Airbnb, Coinbase, Stripe, Reddit, Instacart, Twitch etc.[5][6]

In 2020, Geoff Ralston became the company's President.[7][8]

References[change | change source]

  1. "Y Combinator Top Companies List". Y Combinator. Retrieved 2021-05-14.
  2. Jackson, Christopher (2012-08-05). "Y Combinator's first batch: where are they now?". TNW | Insider. Retrieved 2021-05-14.
  3. Altman, Sam. "The New Deal". Y Combinator. Retrieved 2021-05-14.
  4. "Here are the 85+ startups that launched at YC's W19 Demo Day 1". TechCrunch. Retrieved 2021-05-14.[permanent dead link]
  5. "The YC Startup Directory". Y Combinator. Retrieved 2021-05-14.
  6. "Nonprofits | Y Combinator". www.ycombinator.com. Retrieved 2021-05-14.
  7. "Y Combinator president Sam Altman steps down to focus on OpenAI". VentureBeat. 2019-03-08. Retrieved 2021-05-14.
  8. Combinator, Y. "Updates from YC". Y Combinator. Retrieved 2021-05-14.

Other websites[change | change source]