| Website | ycombinator.com |
| @ycombinator | |
| Phone | 617 576 0695 |
| Employees | 5 |
| Founded | 4/05 |
| Description | Startup incubator |
| Total | $10.3M |
| Unattributed, 3/09 Sequoia Capital Ron Conway Paul Buchheit Aydin Senkut | $2M |
| Unattributed, 5/10 Sequoia Capital XG Ventures | $8.25M |
Y Combinator is a venture fund which focuses on seed investments to startup companies. It offers financing as well as business consulting along with other opportunities to 2-4 person companies looking to take an idea to a product. Y Combinator looks for companies with “good” ideas over companies with experience and a business model. The company made its first investments in Summer 2005.
Y Combinator selects companies to finance and consult with twice a year. They are located in Mountain View, CA. Companies that they decide to fund generally receive $5,000 plus an additional $5,000 per founder and are required to relocate to Y Combinator’s destination for the following three months. In return, Y Combinator asks for 2-10% ownership, generally considered fairly steep considering the small investment. However, Y Combinator argues that this seed money and mentorship is crucial to for the success of small startups.
Y Combinator continues to grow, with a stated target of 60 funded companies for the Winter 2010 session.
Successful exits by Y Combinator funded companies include Reddit, Omnisio and Zenter.
Other successful companies that went through Y Combinator include Loopt, Justin.tv, Weebly and Scribd.
Near the end of each session, companies pitch their products on “Demo Day” to investors in hopes of receiving further funding.
Coverage of Previous Demo Days:
| Website | news.ycombinator.com |
| Stage | Live |
| Launch Date | February, 2007 |
Hacker News is a user driven social content site focused around startups and hacking. Nearly identical to reddit, Hacker News allows users to share, vote and comment on stories. Hacker News fills a unique spot in the social media arena through its niche content focus and by allowing its users to get advice from the community. Many of its users are involved with, or interested in, the Y Combinator incubator community.