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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 ...
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."
The accelerator’s Demo Day was all about A.I. startups—but a couple of other themes emerged.
Y Combinator started doing so in Summer 2022, though its demo days have still been remote. (YC says its next Demo Day will be partially in-person at Pier 70, though presentations will still be online)
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 ...
Ironclad was founded in 2014 by Jason Boehmig, a former attorney at Fenwick & West, and Cai GoGwilt, a former software engineer at Palantir. [9] The company participated in the summer 2015 batch of startup accelerator Y Combinator who provided the seed funding, and it launched with 200 companies already using the product in beta.
Y Combinator — a startup accelerator company based in California. Subcategories. This category has the following 3 subcategories, out of 3 total. C.