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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 ...
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." [1]
The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. [49] DoorDash expanded the service offerings in 2021 to include DoubleDash, which allows for orders from multiple merchants, and alcohol delivery in 20 U.S. states, Washington, D.C., Canada, and Australia. [50] [51]
[3] [4] [5] He dropped out of Stanford University after two years and founded Loopt, a mobile social networking service, raising more than $30 million in venture capital. In 2011, Altman joined Y Combinator, a startup accelerator, and was its president from 2014 to 2019. [6] Altman's net worth was estimated at $1.1 billion as of 6 March 2025. [7]
Loopt, Inc. was an American company based in Mountain View, California, which provided a service for smartphone users to share their location selectively with other people. The service supported all the major mobile operating systems. Loopt's services had more than five million registered users and partnerships with every major U.S. mobile ...
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).
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