The most sought after incubator in the world
Categories: Finance, Consulting, Technology, Healthcare, AI etc.
Y-Combinator is considered by many to be the leading startup accelerator in the world, having facilitated the success of Dropbox, Airbnb, Instacart, Weebly and Reddit.
Founded by Paul Graham in 2005, Y Combinator has invested in over 1500 startups. Located in Palo Alto, Silicon Valley, Y Combinator is run by a 40-person team and receives around 13,000 startup applications via internet alone every year. The company then picks out between 200 and 240 projects to back per year, adopting a very stringent selection process. The investment is made through a standard contract known as the SAFE and essentially represents an injection of capital.
In 2005, Y Combinator set out to build a new model for startup funding. That model involves investing a small amount of money in a large number of startups twice per year.
Sequoia capital & Khosla Ventures invests in most of startups earlier backed by Y Combinator.
Y Combinator takes 7% equity from startups to invest.
Airbnb, Dropbox, Instacart, Stripe, Zenefits, Mixpanel, Reddit, Coinbase, Weebly and few others.