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Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 [1] which has been used to launch more than 4,000 companies. [2] The accelerator program started in Boston and Mountain View , expanded to San Francisco in 2019, and was entirely online during the COVID-19 pandemic. [ 3 ]
The following notable startups have completed the Y Combinator Accelerator program. Mike Isaac described Y Combinator as: "Y Combinator accepts batches of start-ups twice a year in a semester-like system and gives them money, advice and access to a vast network of start-up founders and technologists who can advise them." [1]
In 2008, Michael Seibel was a key mentor to the co-founders of Airbnb and recommended them to Y Combinator. [10] [11] In 2013 he became a part-time partner at Y Combinator and joined Y Combinator as its first African-American partner in October 2014. [12] [13] He became CEO of the Y Combinator Startup Accelerator in 2016. [14]
His work includes the programming language Arc, the startup Viaweb (later renamed Yahoo! Store), co-founding the startup accelerator and seed capital firm Y Combinator, a number of essays and books, and the media webpage Hacker News. He is the author of the computer programming books On Lisp, [4] ANSI Common Lisp, [5] and Hackers & Painters. [6]
Sam Altman (a former YC partner) credits Livingston with being essential to the transformation of Y Combinator into a startup ecosystem. [9] When Graham stepped down from his role leading Y Combinator, handing over to Altman, Livingston increased her day to day involvement, including having responsibility for the organization's Startup School. [10]
Startup accelerator Y Combinator is backing its first weapons startup — a firm that says it can make missiles smaller and cheaper than its competitors. "Ares is building a new class of anti-ship ...
Sam Altman is stepping down from his post as president of Y Combinator, the startup accelerator said on Friday, a pivotal change for the organization that was influential in the creation of ...
The main differences between business incubators, startup studios, [5] and accelerators are: [3] [6] The application process is open to anyone but highly competitive. For instance, Y Combinator and TechStars have application acceptance rates between 1% and 3%. Seed investment in startups may be made, in exchange for equity.