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Y Combinator released the Simple Agreement for Future Equity ("SAFE") investment instrument as an alternative to convertible debt in late 2013. [4] It was written by Carolynn Levy. This investment vehicle has since become popular in the U.S., Canada, [5] and Israel, due to its simplicity and low transaction costs.
Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
Print/export Download as PDF; Printable version; ... Pages in category "Y Combinator companies" The following 89 pages are in this category, out of 89 total.
Jessica Livingston Livingston at TechCrunch Disrupt in 2014 Born 1971 (age 53–54) Nationality American Alma mater Bucknell University (BA) Occupation(s) Businesswoman, Writer, Venture Capitalist Organization Y Combinator Known for Co-founding Y Combinator, Founders at Work: Stories of Startups' Early Days Notable work Founders at Work: Stories of Startups' Early Days Spouse Paul Graham ...
Ever since Garry Tan came on as Y Combinator CEO last year, there have been changes. Last March, Tan cut its late-stage investing and laid off 17 investors, and he shrank the size of YC’s ...
Y Combinator—the startup incubator that helped launch DoorDash, Airbnb, Reddit, and Instacart—is backing a weapons maker for the first time, betting that it could shake up the defense industry ...
Print/export Download as PDF; Printable version; In other projects ... Pages in category "Y Combinator" The following 2 pages are in this category, out of 2 total.
[27] [28] A week earlier, he had introduced Y Combinator Research, a non-profit research lab, donating $10 million of his own funds to establish it. [ 29 ] In December 2015, Altman co-founded OpenAI , an artificial intelligence research organization, alongside notable figures such as Elon Musk , Jessica Livingston , and Peter Thiel .