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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 ]
In October 2009, Loopt acquired Y Combinator-backed startup GraffitiGeo for an undisclosed sum. [ 13 ] In March 2010, Loopt launched an upgraded version of its iPhone app, [ 14 ] incorporating place and event information to its Pulse database, bringing in content from ZVents, Metromix , and SonicLiving.
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]
Hacker News (HN) is a social news website focusing on computer science and entrepreneurship.It is run by the investment fund and startup incubator Y Combinator.In general, content that can be submitted is defined as "anything that gratifies one's intellectual curiosity."
Y Combinator, a seed-stage startup funding firm Yale College , the liberal arts college of Yale University Youth Conference (Hong Kong) , a youth conference in Hong Kong
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]
The main differences between business incubators, startup studios, [5] and accelerators are: [3] [6] The application process is open to anyone but highly competitive. For instance, Y Combinator and TechStars have application acceptance rates between 1% and 3%. Seed investment in startups may be made, in exchange for equity.