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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 ...
Daniel Gross is an Israeli-American businessperson who co-founded Cue, led artificial intelligence efforts at Apple, served as a partner at Y Combinator, [1] and is a notable technology investor in companies such as Uber, Instacart, Figma, GitHub, Airtable, Rippling, CoreWeave, Character.ai, Perplexity AI, and others. [2] [3] [4]
You can scan documents, too, although its capabilities here are limited, so you wouldn’t want to buy this scanner for that purpose alone. Epson V850, one of the best scanners
He is a partner at Y Combinator in San Francisco, where he invests in and helps startups. [1] Previously, Jared was the co-founder and CTO at Scribd , a digital library and document-sharing platform, which has 80 million users.
Y Combinator started doing so in Summer 2022, though its demo days have still been remote. (YC says its next Demo Day will be partially in-person at Pier 70, though presentations will still be online)