Y Combinator Overview
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Y Combinator is a startup accelerator program that provides funding of $120k to a large number of startups twice a year. Startups move to Silicon Valley for 3 months to work with partners and alumni to build an MVP. On Demo Day, startups present to top investors. YC helps founders for the life of their company. Notable YC graduates include Airbnb, Dropbox, Twitch, and Reddit. Over the past 8 years, YC has funded over 700 startups valued at over $30 billion in total, including over 20 valued over $100 million and 3 over $1 billion.
Y Combinator Overview
- 2. Make something people want
- 3. Started March 20051 Y Combinator created a new model for funding early stage startups ! Twice a year we invest a small amount of money ($120k) in a large number of startups
- 4. How it Works Your startup moves to silicon valley for 3 months You work with partners and alumni to launch a successful MVP On Demo Day you present to the best silicon valley investors 2
- 5. But YC doesn’t end on Demo Day YC Partners and alumni help YC founders for the life of their company 3
- 6. 4 AIRBNB YC Graduates DROPBOX TWITCH WEEBLY REDDIT STRIPE
- 7. YC’s 1st Batch • 8 startups • 15 founders • Not in the Valley • Demo day had fewer than 30 investors • No more than $1m invested 5 SUMMER OF 2005
- 8. Current YC Batch • 85 startups • 200+ founders • New office in Silicon Valley • 350+ investors at demo day in August • $100m+ raised in August 6 YC IS RUNNING ITS 17TH BATCH
- 9. Success of YC • 700+ startups, 50+ international startups • 1400 alumni • $3B total raised by YC companies • 20+ companies valued at $100m or higher • 3 companies with valuations of $1B or higher • Total value of all YC companies is $30B 7 OVER THE PAST 8 YEARS
- 10. Applying to YC 2-4 people, 50% tech, pre-existing relationship, working full time Launched or imminent launch Can you graduate at the top of the class? 8 Billion dollar market & growth
- 11. Thank you for Listening! To learn more about the application process, contact me at michael@ycombinator.com 9