What is Y Combinator? Y Combinator Review

Y Combinator is a well-known American startup incubator and investment company founded in 2005. Y Combinator mainly provides support and entrepreneurial guidance for start-ups.

About Y Combinator

Y Combinator, founded in 2005, is an accelerator investment institution. Its core capabilities and business are to help startups and entrepreneurs improve quickly, especially from 0 to 1. Former president Sam firmly believes that "in the next 10 years, a group of influential companies like Google, Microsoft, Apple, Amazon, and Facebook will definitely be established, and most of them will be incubated by YC."

Operational Model

Y Combinator only focuses on the earliest startup teams, intervening and providing corresponding assistance in the startup stage. Y Combinator regularly holds FunDINg Application activities to accept project materials submitted by startup teams.

If the project passes the review, Y Combinator will provide an investment model of "$5000 + $5000n", where n refers to the number of Y Combinator partners willing to invest in this project. For example, if there are 2 partners willing to invest, the final investment amount is $15,000; if there are 3, it is $20,000. In return, Y Combinator will take 2% to 10% of the shares of the entrepreneurial team, usually 6%. Although the money is not much, in today's startups, with a large number of open source, AWS or GAE, this money is indeed enough to start work.

Development History

Y Combinator was founded in 2005.

In 2012, Forbes named YC the most valuable incubator.

As of July 2012, a total of 380 startups have been incubated, which have received a total investment of more than US$1 billion and are valued at US$10 billion. Among them, cloud storage service provider Dropbox raised US$257 million, and short-term home rental website Airbnb raised US$120 million.

On August 15, 2018, Y Combinator announced its official entry into China. Lu Qi will serve as the founder and CEO of Y Combinator China, and the dean of Y Combinator Global Research Institute.

On November 21, 2019, Y Combinator announced that it would withdraw from China and support startups from its Silicon Valley headquarters.

Leadership Team

Y Combinator founder: Paul Graham

Y Combinator China founder: Lu Qi

honor

On November 16, 2019, Hurun Research Institute released the "2019 Hurun Global Unicorn Active Investment Institutions Top 100 List", and Y Combinator ranked 18th.