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2 Things Founders Need
Kat MañalacPartner, Y Combinator
Since 2005, YC has
funded over 2,000+
startups.
$150
Billion
How Y Combinator Works
About 30 YC companies
based in Canada.
2018: Funded 25+
companies w/ founders
based in Canada pre-YC
150k for 7%
How Y Combinator Works
We fund all types of
companies — from
aerospace to
consumer social apps.
40% of
companies
based outside of
the U.S. before
starting YC
August 2018
Stage
60% pre-launch
40% have a launched a product
Some with revenue and money raised
Demo Day
What makes
YC work?
How Y Combinator Works
Coaches +
Community
“Why shouldn’t executives have coaches?
The greatest athletes in the world all
have coaches. Every profession, especially if
you’re trying to be the best, should have some form of
coaching.”
- Alexis Ohanian, founder, reddit
How Y Combinator Works
“When I first started Y Combinator, a Partner said told me
that he knew we were going to be huge. I think that gave
me so much confidence because someone as successful as
he was believed in me...inspiration will come from a balance
between yourself and other people.”
- Mathilde Collin, founder, Front
How Y Combinator Works
Your core team:
Cofounders
3 of the top 50 YC companies
were founded by solo founders
Write down + Reach out
> Write down what you’re good at +
what skills you’re lacking.
> Write down the 3-5 people who are
best at the skills you’re lacking.
> Reach out to them.
August 2018
Free, 10-week course online.
• Solo founder experiment
• Starts July 22
• startupschool.org
How Y Combinator
Works
Team of
Coaches
Group Partners
Dream Team
> They’ve done the thing themselves
> More than one data point
> Getting perspective
Write down + Reach out
> Who are the best people you know
or who you might be introduced to
that have started or helped startups in
your field?
> Reach out to them.
Founder
Community
~75% of venture backed startups fail.
At YC, ~70% are still alive.
The strength of the YC
Alumni network
Paying it forward
Airbnb founders
DIY Community
Network Effects
• 4k founders
• Bookface is like Facebook meets
Quora meets LinkedIn
• Help
• Customers
Group Office Hours
Give yourself the
best chance to
succeed

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Startupfest 2019 - 1000 startups — 5 things I've learned after seeing 1,000 companies go through YC