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The keys to understanding how "Y Combinator" became the Harvard of Silicon Valley

2021-11-19T06:10:49.728Z


DECRYPTION - The most famous start-up incubator has helped some 3,000 businesses get started with an initial contribution of $ 125,000. A program crowned with an aura of prestige that equals that of the largest American universities.


1 / Detect, invest in innovative service ideas

"Do something people want."

The motto of Y Combinator (YC for close friends) is more pragmatic than that of its close neighbor, the prestigious Stanford.

She is content to say:

"The wind of freedom is blowing."

Founded in 2005, a century after Standford, YC has kept its promises thanks to the flair of its founders, Paul Graham, Jessica Livingston, Robert Morris and Trevor Blackwell.

Names less cited in the press than those of Mark Zuckerberg or Elon Musk, but which have nevertheless counted as much in the short history of Silicon Valley.

In exchange for an investment of $ 125,000 and a three-month program during which entrepreneurs have access to seminars and interviews to start or improve their business, YC recovers 7% of the capital.

The first nuggets?

Dropbox in 2007, then Airbnb in 2009. Last January, the incubator announced that it had invested in more than 3,000 companies, - 125 of them being valued at more than 150 million

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Source: lefigaro

All news articles on 2021-11-19

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