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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.
The Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, or SB 1047, is a 2024 California bill intended to "mitigate the risk of catastrophic harms from AI models so advanced that they are not yet known to exist". [1]
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 ...
Cruise received a permit to test self-driving vehicle technology from the California Department of Motor Vehicles in June 2015. [13] After it successfully graduated from Y Combinator, a startup accelerator that mentors up-and-coming entrepreneurs, Cruise was acquired by General Motors in March 2016. [14]
It may be called a mobile home … but unlike homes built on foundations, RVs don’t appreciate in value.RV stands for recreational vehicle, after all, and we all know vehicles depreciate.Just ...
Y Combinator—the startup incubator that helped launch DoorDash, Airbnb, Reddit, and Instacart—is backing a weapons maker for the first time, betting that it could shake up the defense industry ...
Y Combinator — a startup accelerator company based in California. Subcategories. This category has the following 3 subcategories, out of 3 total. ...