Y Combinator is a seed-stage startup funding firm, started in 2005 by Paul Graham, Robert Morris, Trevor Blackwell, and Jessica Livingston. Venture capital (also known as VC or Venture) is a type of Private equity capital typically provided to immature high-potential growth companies Paul Graham (born 1964 is a Programmer, Venture capitalist and Essayist, known for his work on Lisp. Robert Tappan Morris, also known as rtm, (born November 8 1965 is an associate professor at Massachusetts Institute of Technology, in the Institute's department Trevor Blackwell (born 4 November 1969 in Canada) is a computer Programmer based in Silicon Valley. Y Combinator provides seed money, advice, and connections at two 3-month programs a year in Cambridge and Mountain View. A seed round, sometimes known as a friends and family round or seed funding, is a Securities offering whereby one or more parties that have some connection Cambridge Massachusetts is a City in the Greater Boston area of Massachusetts, United States. In exchange, they take on average about 6% of the company's equity. Unusually among startup funding firms, Y Combinator provides very little money- usually $5000 + $5000 per founder. This reflects Graham's conviction that between free software, dynamic languages, the web, and Moore's Law, the cost of starting a startup has greatly decreased. Free software or software libre is Software that can be used studied and modified without restriction and which can be copied and redistributed in modified or unmodified This article is about a class of programming languages for the method for reducing the runtime of algorithms see Dynamic programming. Moore's law describes an important trend in the History of computer hardware.
As of January 2008, Y Combinator had funded 80 startups, the best known of which are reddit, Loopt, and Justin.tv. Reddit (also reddit) is a Social news website on which users can post links to content on the web Loopt is a company based in Mountain View, California. It provides a Cellphone -based GPS sharing system that allows users to visualize one another Justintv, founded in San Francisco by Justin Kan is a network of diverse channels providing a platform for lifecasting and live video streaming of events online The number of startups funded in each cycle has been gradually increasing. The first cycle in summer 2005 had eight startups. In the summer 2007 cycle, there were 19.
Y Combinator was started after Graham gave a talk at his alma mater, Harvard (where he earned a PhD in Computer Science), which became, "How to Start a Startup". Alma mater is Latin for "nourishing mother" It was used in Ancient Rome as a title for the mother Goddess, and in Medieval "PhD" redirects here for other uses see PhD (disambiguation. [1] He suggested founders seek seed funding from "angel investors", preferably those who had made money in technology. An angel investor or angel (known as a business angel or informal investor in Europe) is an affluent individual who provides capital for a business He half-jokingly added "but not me", but, feeling guilty, he soon after organized Y Combinator to offer seed funding to startups.
Companies that have received funding from Y Combinator include:
| Name | Date | Business | Website | Notes |
|---|---|---|---|---|
| Biographicon | Summer 07 | Universal wiki biography site. The Biographicon is an online directory of biographies. The site also shows connections between individuals covered and explains the circumstances under which they | biographicon.com | |
| Anywhere.FM | Summer 07 | Web Music Network | Anywhere.fm | Acquired by imeem in January 2008 |
| Appjet | Summer 07 | Easy hosted web apps | appjet.com | Public beta as of Dec 2007 |
| Parakey | Winter 07 | Desktop application platform | parakey.com | Purchased by Facebook in July 2007. AnywhereFM, is an Online radio network created by a team of MIT and UPenn graduates who previously worked at XBOX, AppJet is a website that allows users to create web based applications in their web browser Parakey is a Web -based computer user interface proposed by Firefox contributors Blake Ross and Joe Hewitt. Facebook is a social networking Website launched on February 4 2004 |
| Virtualmin | Winter 07 | Virtual server management | virtualmin.com | |
| Weebly | Winter 07 | Point-and-click website creation | weebly.com | |
| Xobni | Summer 06 | Email analytics | xobni.com | Raised $4. Webmin is a web-based system configuration tool for OpenSolaris, Linux and other Unix-like systems Weebly is a free web creation site funded by micro-seed fund Y Combinator. Point-and-click is the action of a Computer user moving a cursor to a certain location on a screen ( point) and Xobni is a San Francisco -based email startup It was founded in March 2006 by Adam Smith and Matt Brezina from Adam's dorm room in Cambridge Massachusetts as part of the 2M Series A from Khosla Ventures, First Round Capital, and others in March 2007 |
| Justin.tv | n/a | Live video and chat | justin.tv | Raised $2M Series A from Alsop Louie in July 2007 |
| i'minlikewithyou | Winter 06 | Social network service | i'minlikewithyou.com | |
| YouOS | Winter 06 | Online operating system | YouOS.com | Defunct |
| Loopt | Summer 05 | Personal geolocation | loopt.com | Raised $12M Series B in July 2007 |
| Summer 05 | Social news | reddit.com | Purchased by Condé Nast | |
| Scribd | 2006 | Document Sharing | scribd.com | Received over $3. Justintv, founded in San Francisco by Justin Kan is a network of diverse channels providing a platform for lifecasting and live video streaming of events online i'minlikewithyou, also known as IILWY or iilwy (Read I'm in like with you is a New York City based entirely built in Flash casual online gaming YouOS is a Deprecated Web desktop produced by WebShaka, that replicates the Desktop environment of a modern Operating system An operating system (commonly abbreviated OS and O/S) is the software component of a Computer system that is responsible for the management and coordination Loopt is a company based in Mountain View, California. It provides a Cellphone -based GPS sharing system that allows users to visualize one another Reddit (also reddit) is a Social news website on which users can post links to content on the web Condé Nast Publications Inc is a worldwide Magazine Publishing company Scribd is a document sharing website It currently houses over 350000 documents 7 million from Redpoint Ventures and The Kinsey Hills Group |