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Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 [1] which has been used to launch more than 4,000 companies. [2] The accelerator program started in Boston and Mountain View , expanded to San Francisco in 2019, and was entirely online during the COVID-19 pandemic. [ 3 ]
In 2011, Altman became a partner at Y Combinator (YC), a startup accelerator that invests in a wide range of startups, initially working on a part-time basis. [23] In February 2014, he was named president of YC by co-founder Paul Graham . [ 24 ]
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."
YC offers a startup program to which aspiring entrepreneurs can apply to receive mentorship and a $150,000 investment, and participate in a three-month bootcamp to work on their startup idea.
Deel launched after entering the Y Combinator startup accelerator in 2019. [9] The company then raised several rounds of funding. In May 2020, venture capital firm Andreessen Horowitz led a $14 million Series A round. [ 10 ]
Jessica Livingston Livingston at TechCrunch Disrupt in 2014 Born 1971 (age 53–54) Nationality American Alma mater Bucknell University (BA) Occupation(s) Businesswoman, Writer, Venture Capitalist Organization Y Combinator Known for Co-founding Y Combinator, Founders at Work: Stories of Startups' Early Days Notable work Founders at Work: Stories of Startups' Early Days Spouse Paul Graham ...
His work includes the programming language Arc, the startup Viaweb (later renamed Yahoo! Store), co-founding the startup accelerator and seed capital firm Y Combinator, a number of essays and books, and the media webpage Hacker News. He is the author of the computer programming books On Lisp, [4] ANSI Common Lisp, [5] and Hackers & Painters. [6]
Lu and the members of YC China then established MiraclePlus as an independent firm. It had already start fundraising six months prior to YCs formal announcement when it was still part of YC and had opened its first startup incubation program in China. The format was similar to YC but had a more localized operation. [1] [2] [3]