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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 ...
The primary trigger is generally the sale of preferred shares by the company, typically as part of a future priced fund-raising round. Unlike a straight purchase of equity, shares are not valued at the time the SAFE is signed. Instead, investors and the company negotiate the mechanism by which future shares will be issued, and defer actual ...
Garry Tan (Chinese: 陳嘉興; Pe̍h-ōe-jī: Tân Ka-heng; born 1981) is an American venture capitalist and executive who is the CEO of Y Combinator [1] and a founder of Initialized Capital. [2] He previously co-founded Posterous and Posthaven. [3] He was an early employee at Palantir Technologies, and previously a partner at Y Combinator. [4]
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 ...
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.
Guide Dog Foundation. Recently Radar traveled with Pagonis to the U.S. Olympic & Paralympic Training Center in Colorado Springs, Colorado, where the teen is training with other top athletes for ...
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]
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