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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 ...
Daniel Gross is an Israeli-American businessperson who co-founded Cue, led artificial intelligence efforts at Apple, served as a partner at Y Combinator, [1] and is a notable technology investor in companies such as Uber, Instacart, Figma, GitHub, Airtable, Rippling, CoreWeave, Character.ai, Perplexity AI, and others.
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 ...
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.
which gives us one possible encoding of the Y combinator. A shorter variation replaces its two leading subterms with just SSI , since H α( H α) = SHH α = SSIH α. This becomes much shorter with the use of the B,C,W combinators , as the equivalent
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 ...
In 2018, Y Combinator (YC) established a unit in China known as YC China. It was led by Lu Qi, a former executive who had worked at Microsoft and Baidu. [1] [2]In November 2019 affected by the China–United States trade war, YC announced that it would be closing YC China.
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