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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 ...
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.
Morris was born in 1965 to parents Robert Morris and Anne Farlow Morris. The senior Robert Morris was a computer scientist at Bell Labs, who helped design Multics and Unix; and later became the chief scientist at the National Computer Security Center, a division of the National Security Agency (NSA).
The accelerator’s Demo Day was all about A.I. startups—but a couple of other themes emerged.
Paul Graham, cofounder of Y Combinator, urged moderates to vote for Kamala Harris in an open letter on X, citing character over policy.
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 ...
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.