![]() ![]() The amount put into each company was changed to $80,000 when Start Fund was renewed. In 2011, Yuri Milner and SV Angel offered every Y Combinator company a $150,000 convertible note investment. Taggar returned to YC in 2020 as a group partner. In November 2010, Paul Buchheit and Harj Taggar were named partners. In September 2010, Alexis Ohanian joined. In early 2010, Harj Taggar joined as an advisor. In 2010, Kirsty Nathoo joined as an accountant and became CFO in 2012. In 2010, Sequoia led an $8.25 million funding round for Y Combinator to further increase the number of startups the company could fund. In 2009, Sequoia Capital led the $2 million investment round into an entity of Y Combinator to enable it to invest in approximately 60 companies a year. In January 2009, Y Combinator announced that the Cambridge program would be closed and all future programs would be in Silicon Valley. As Y Combinator grew to 40 investments per year, running two programs became too much. įrom 2005 to 2008, one program was in Cambridge, Massachusetts, and one was in Mountain View, California. Y Combinator was founded in 2005 by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell. History Paul Graham talking about Prototype Day at Y Combinator Summer 2009 Forbes characterized the company in 2012 as one of the most successful startup accelerators in Silicon Valley. ![]() The company's accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and was entirely online during the COVID-19 pandemic. ![]() The combined valuation of the top YC companies was more than $600 billion by January 2023. It has been used to launch more than 4,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe and Twitch. Y Combinator Management, LLC ( YC) is an American technology startup accelerator launched in March 2005. ![]()
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