Y Combinator provides a small amount of seed funding for startups. We work with startups on their ideas and help founders deal with investors and acquirers. We fund four batches of companies each year. Companies apply for the program by filling out an application form. Y Combinator is occasionally described as a boot…
I began building a web-based version of PowerPoint called Preezo back in the Spring of 2005 after switching the direction of my angel-funded startup for the third time in less than a year. Prior to that I had been working on a web collaboration concept akin to JotSpot , but after awakening to the the potential of AJAX…
(I wrote this for Forbes, who asked me to write something about the qualities we look for in founders. In print they had to cut the last item because they didn't have room.) 1. Determination This has turned out to be the most important quality in startup founders. We thought when we started Y Combinator that the most…
The following is a guest article by Ruben Gamez of Bidsketch . Not too long ago it seemed like every product I knew was offering some sort of free plan. The strategy was brilliant: get loads of people using your product and eventually turn them into paying customers. Everywhere I looked the
Facebook is an amazing success as a social network. Anyone who can get 500 million people to connect, share photos, and click on little cows in Farmville deserves major kudos. But the bullshit monopoly-money valuation merry-go-round has to stop. It’s getting beyond ridiculous and when even…
Over the years I have spent a lot of time brainstorming startup ideas with people who are (asymptotically) as nerdy as me. For some reasons, every time I brainstorm with a new set of people, the following ideas come up. This suggests that either all nerds think alike, or alternatively, that they are unsolved problems…
December 2010 Someone we funded is talking to VCs now, and asked me how common it was for a startup's founders to retain control of the board after a series A round. He said VCs told him this almost never happened. Ten years ago that was true. In the past, founders rarely kept control of the board through a series A…
Update: StackVM is now called Browserling. Hey everyone, I have awesome news! I am doing a startup together with James Halliday! I met James on FreeNode several years ago and it turned out that we had very similar ideas about doing great hacking. So we teamed up as equal co-founders to do a startup. We're on…
April 2010 The best way to come up with startup ideas is to ask yourself the question: what do you wish someone would make for you? There are two types of startup ideas: those that grow organically out of your own life, and those that you decide, from afar, are going to be necessary to some class of users other than…
By now, everyone is tired of hearing about the iPad, but the negative responses are so perfectly misguided that it would be wrong to waste t...
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Over the last 6 months, we have been learning what it means to support a launched product.
October 2010 After barely changing at all for decades, the startup funding business is now in what could, at least by comparison, be called turmoil. At Y Combinator we've seen dramatic changes in the funding environment for startups. Fortunately one of them is much higher valuations. The trends we've been seeing are…
I personally find the people who are in the software startup game just for the money to often be nearly delusional about their chances of success and the likely magnitude of it when it happens. Before I get into the details for founders, let me talk about options-hungry employees. If you are in it for the money and…
August 2010 Two years ago I wrote about what I called " a huge, unexploited opportunity in startup funding:" the growing disconnect between VCs, whose current business model requires them to invest large amounts, and a large class of startups that need less than they used to. Increasingly, startups want a couple…
Below: Q&A with Chris Wanstrath, CEO and Co-Founder of GitHub. This is part of our “Bootstrapped, Profitable, & Proud” series which profiles companies that have $1MM+ in revenues, didn’t take VC, and are profitable. Chris and Tom from GitHub have also answered reader questions i…
