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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 ...
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 ...
Born. (1982-10-07) October 7, 1982 (age 42) New York City, U.S. Education. Yale University. Michael Seibel (born October 7, 1982) is a partner at Y Combinator and co-founder of two startups – Justin.tv / Twitch and Socialcam. [1][2] He first joined Y Combinator in 2013, advising hundreds of startups, and has been active in promoting diversity ...
On Tuesday, the Y Combinator cofounder and self-proclaimed moderate posted a statement on X where he laid out his reasons. Graham said Harris is "a typical politician," and referred to Donald ...
Ever since Garry Tan came on as Y Combinator CEO last year, there have been changes. Last March, Tan cut its late-stage investing and laid off 17 investors, and he shrank the size of YC’s ...
ChromeOS, sometimes styled as chromeOS and formerly styled as Chrome OS, is a Linux distribution developed and designed by Google. [8] It is derived from the open-source ChromiumOS operating system and uses the Google Chrome web browser as its principal user interface.
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 ...
El Paso, Texas, US. Occupation (s) Managing director and partner, Y Combinator. Known for. Founder of imeem. Dalton Caldwell (born February 27, 1980) is an American technologist and digital music entrepreneur. He is the founder and chief executive officer of Mixed Media Labs. He currently works as a partner at Y Combinator.