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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 ...
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." [1] The word hacker in "Hacker News" is used in its original meaning and refers to the hacker culture which consists of people who enjoy tinkering with technology.
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)
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."
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 ...
The Y combinator may also be used in implementing Curry's paradox. The heart of Curry's paradox is that untyped lambda calculus is unsound as a deductive system, and the Y combinator demonstrates this by allowing an anonymous expression to represent zero, or even many values. This is inconsistent in mathematical logic.
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 ...