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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.
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 ...
Netlify Graph is a GraphQL-based approach to integrating distinct APIs to build a web app that strives to reduce the inherent complexities in mixing different data models, response formats, and authentication schemes; it is integrated with a number of APIs such as GitHub, Stripe, and Salesforce.
Qalculate! supports common mathematical functions and operations, multiple bases, autocompletion, complex numbers, infinite numbers, arrays and matrices, variables, mathematical and physical constants, user-defined functions, symbolic derivation and integration, solving of equations involving unknowns, uncertainty propagation using interval arithmetic, plotting using Gnuplot, unit and currency ...
In July 2013, 7 Cups of Tea (as it was known then), was founded by psychologist Glen Moriarty as a Y Combinator startup. [1] The company later rebranded itself as simply 7 Cups. The company derives its name from the eponymous poem by the 9th-century Chinese poet Lu Tong .
Startup accelerator Y Combinator is backing its first weapons startup — a firm that says it can make missiles smaller and cheaper than its competitors. "Ares is building a new class of anti-ship ...
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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