Make something people want
Started March 20051
Y Combinator created a new model for funding
early stage startups
!
Twice a year we invest a small amo...
How it Works
Your startup
moves to silicon
valley for 3
months
You work with
partners and
alumni to launch
a successful
MV...
But YC doesn’t end on Demo Day
YC Partners and alumni help YC founders
for the life of their company
3
4
AIRBNB
YC Graduates
DROPBOX TWITCH
WEEBLY REDDIT STRIPE
YC’s 1st Batch
• 8 startups
• 15 founders
• Not in the Valley
• Demo day had fewer than 30 investors
• No more than $1m in...
Current YC Batch
• 85 startups
• 200+ founders
• New office in Silicon Valley
• 350+ investors at demo day in August
• $10...
Success of YC
• 700+ startups, 50+ international startups
• 1400 alumni
• $3B total raised by YC companies
• 20+ companies...
Applying to YC
2-4 people,
50% tech,
pre-existing
relationship,
working
full time
Launched or 
imminent
launch
Can you
gra...
Thank you for Listening!
To learn more about the application
process, contact me at
michael@ycombinator.com
9
Y Combinator Overview
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Y Combinator Overview

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This is an overview of the history of YC

Published in: Technology

Transcript of "Y Combinator Overview"

  1. 1. Make something people want
  2. 2. 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
  3. 3. 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
  4. 4. But YC doesn’t end on Demo Day YC Partners and alumni help YC founders for the life of their company 3
  5. 5. 4 AIRBNB YC Graduates DROPBOX TWITCH WEEBLY REDDIT STRIPE
  6. 6. 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
  7. 7. 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
  8. 8. 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
  9. 9. 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
  10. 10. Thank you for Listening! To learn more about the application process, contact me at michael@ycombinator.com 9
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