1. Industry
Send to a Friend via Email

Your suggestion is on its way!

An email with a link to:


was emailed to:

Thanks for sharing About.com with others!

Y Combinator - A Tech Startup's Best Friend

By June 18, 2011

Follow me on:

Photo  Getty Images/Spencer Platt

Incubators that nurture a new business have been around for a while. Y Combinator is a different kind of incubator with a focus on networking, advise and fund raising. Founded in 2005, Y Combinator holds two funding cycles each year that attract about 60 tech startups. While any type of business can apply, the folks at Y Combinator are experts in software based businesses. Here are a few tidbits about Y Combinator.

  • Y Combinator provides between $17,000 and $20,000 and they receive an equity stake in each startup of about 7%.
  • Some of the big names that went through the program include Reddit, Justin.tv, Dropbox and Scribd.
  • The three-month program culminates with a Demo Day that attracts up to 400 investors.
  • Y Combinator doesn't sign NDAs and doesn't read business plans. It's all about the application and the interview. Get used to it.

Read the entire article Tech Startups - Y Combinator is the New Model

Photo Spencer Platt/Getty Images

Connect on   | Sign up for my Newsletter



Comments are closed for this post.

Leave a Comment

Line and paragraph breaks are automatic. Some HTML allowed: <a href="" title="">, <b>, <i>, <strike>
  1. About.com
  2. Industry
  3. New Tech

©2014 About.com. All rights reserved.