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  2. Y Combinator - Wikipedia

    en.wikipedia.org/wiki/Y_Combinator

    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 ...

  3. Simple agreement for future equity - Wikipedia

    en.wikipedia.org/wiki/Simple_agreement_for...

    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.

  4. Sam Altman - Wikipedia

    en.wikipedia.org/wiki/Sam_Altman

    [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 .

  5. Daniel Gross (businessman) - Wikipedia

    en.wikipedia.org/wiki/Daniel_Gross_(businessman)

    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.

  6. Changing policy, Y Combinator cuts its pro rata stake and ...

    www.aol.com/news/changing-policy-y-combinator...

    In a message posted to its internal communications channel earlier this week, the massive startup accelerator Y Combinator said it will change the terms of its own PPP (the YC pro rata investment ...

  7. Garry Tan - Wikipedia

    en.wikipedia.org/wiki/Garry_Tan

    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]

  8. Category:Y Combinator companies - Wikipedia

    en.wikipedia.org/wiki/Category:Y_Combinator...

    Main page; Contents; Current events; Random article; About Wikipedia; Contact us

  9. Y Combinator’s first bet on weapons eyes a U.S.-China ... - AOL

    www.aol.com/finance/y-combinator-first-bet...

    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 ...

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