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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 ...
A simple agreement for future equity (SAFE) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the future shares when a priced round of ...
Dogpatch Labs offers successful applicants to the NDRC Accelerator a €100,000 investment using SAFE (Simple Agreement for Future Equity) [46] which was originally introduced by Y Combinator (YC) in late 2013. In September 2021 Dogpatch Labs open-sourced its version of the YCombinator SAFE, adapted for Irish Law, for any founders and investors ...
Daniel Gross is an American entrepreneur 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 like Uber, Instacart, Figma, GitHub, Airtable, Rippling, CoreWeave, Character.ai, Perplexity.ai, and others. [2][3][4] In June 2024, Ilya Sutskever ...
Pu Haiyang—Xinhua/Getty Images. 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 ...
“Every dog can learn how to catch,” she explains. “To teach this, all you need to do is let your dog know that you are about to throw a treat. So, I like to say, ‘One, two, three, catch.’”
Updated August 27, 2024 at 8:27 AM. WORCESTER - A loose dog is finally in a foster home after being on the run in Worcester for 555 days. Trappers with Missing Dogs Massachusetts (MDM) have been ...
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]