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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 ]
[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. OpenAI was ...
Paul Graham (/ ɡ r æ m /; born November 13, 1964) [3] is an English-American computer scientist, writer and essayist, entrepreneur and investor.His work includes the programming language Arc, the startup Viaweb (later renamed Yahoo!
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. Typically, the investment is between US$20,000 to US$50,000 in the US, or £10,000 to £50,000 in Europe. [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."
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 ...
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]
In 2018, Y Combinator (YC) established a unit in China known as YC China. It was led by Lu Qi, a former executive who had worked at Microsoft and Baidu. [1] [2]In November 2019 affected by the China–United States trade war, YC announced that it would be closing YC China.
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