Sam Altman for President. Who Needs Y Combinator, Anyway? Not These Two Dropouts. The words “entrepreneur” and “dropout” are often associated; think Mark Zuckerberg, leaving Harvard for bigger things, or the young people goaded and funded by Peter Thiel. It’s easy to imagine a college student planning to drop out of school to join Y Combinator; rarer, though, is the person who has gotten his startup into that famous accelerator, only to abandon it. Yet that’s what Noah Ready-Campbell did. The YC VC Program. I think this change is a definite plus, but I disagree this sort of change is startup-specific. Trying new things is just how you're supposed to build a company, at least when you care for the long term rather than next quarter. Its unfortunate there are so many 'sucking up to' responses to the original post. If PG is smart enough he wouldn't give a Damn to those response. If he is not, he is not worth 'sucking up to' The YC VC Program. The YC VC Program 26 November 2012.
Startup = Growth. September 2012 A startup is a company designed to grow fast.
Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of "exit. " The only essential thing is growth. Everything else we associate with startups follows from growth. Black Swan Farming. September 2012 I've done several types of work over the years but I don't know another as counterintuitive as startup investing.
The two most important things to understand about startup investing, as a business, are (1) that effectively all the returns are concentrated in a few big winners, and (2) that the best ideas look initially like bad ideas. The first rule I knew intellectually, but didn't really grasp till it happened to us. The total value of the companies we've funded is around 10 billion, give or take a few. But just two companies, Dropbox and Airbnb, account for about three quarters of it. Screw the Black Swans: Ichiro is our role model, not Barry Bonds. Y Combinator Startups That Should've Made It. Y Combinator has invested in hundreds and hundreds of companies, and many of them have become quite successful.
Y Combinator's First Batch: Where Are They Now? The Easiest Way to Send Photo Prints to Friends and Family Automatically — Picplum. Y Combinator Alum Flutter Raises $1.4 Million For Gesture Recognition Tech. Flutter, the startup that launched this past spring out of Y Combinator’s Winter 2012 class, has closed on $1.4 million in seed funding from Andreessen Horowitz, NEA, and Spring Ventures, along with Start Fund and a handful of individual angel investors.
The cash will be put toward further scaling out Flutter’s team and its technology, which provides gesture detection and recognition from standard webcam devices. Flutter’s first app, which is currently available for the Mac, lets you control the play function on media apps such as iTunes, Spotify and Quicktime by simply waving your hand at your computer. Flutter has received a very warm reception from users since it made its official debut on the Mac App Store late last month. Not bad for an app that was built by a company that now has just seven full-time employees.
But Flutter’s co-founders Navneet Dalal and Mehul Nariyawala tell me that the company has lots more on the roadmap. Paul Graham's Letter to YC Companies. Apps Aiming for Sharing Within Boundaries. Initially, I didn’t see the appeal of the app, which lets the two partners send messages and photos back and forth.
The idea of adding another service to the daily routine of Twitter, Facebook and their ilk seemed exhausting. And wouldn’t it be just as easy to exchange e-mails, text messages or, better yet, just flirt face to face? Curious, I tried it — even though I’m single. I recruited a friend to help me test it. And, after a few hours, the app started to grow on me. The secrecy was welcome. The app highlights the best elements of social networking — the warm, fuzzy feeling of being connected to people you care about when you’re physically nowhere near them. Apparently, venture capitalists also see the point: The company that developed Pair raised $4.2 million in seed funding from a group of early investors last month. Did everybody see what just happened? The pendulum has swung. - Find Office Space - 42Floors.
The feeling was palpable.
Y Combinator had sixty-five companies present (42Floors was one of them). And we saw 500 eager investors, frenzied almost, excited to invest in entrepreneurs. Here Are The Women of Y Combinator And They Are Awesome. I would normally rather have a root canal instead of write about the issue of women in technology.
I just find most essays on this really tedious and obvious. (Sorry Alexia.) S Picks: The 10 Best Startups From Y Combinator Demo Day. 65 startups showed off today at Y Combinator’s Demo Day, and we covered all 39 that were ready for the public.
After talking to VCs and tech moguls, the TechCrunch teamed huddled up and picked these 10 companies as the best. Y Combinator’s Start-up Funding Forecast: More Froth - Digits. Eeve Pivots into Popset, a Group Photo-Sharing App. Back in September, we reported on how Eeve was trying to do what Color couldn’t, and was seeking to throw mobile, social, photo-sharing and location together into a big melting pot to create collaborative photo experience around specific events.
Well, as is the case with many fledgling startups, Eeve has now turned on its heels and morphed into Popset. So we caught up with co-founder Jan Senderek to get the lowdown on this pivot and take a quick peek at what Popset is all about. The story so far. SendHub Crosses Messaging Platforms To Get Real Stuff Done — And Starts To Take Off. There are plenty of companies trying to create new forms of group texting or social networking. There are far fewer who are trying to offer a messaging service that crosses the web, email and mobile devices in a seamless way. Paul Graham: Why Y Combinator Replaces The Traditional Corporation. Andreessen Horowitz Joins The Start Fund To Seed YC Companies. At the beginning of the year, super investors Ron Conway and Yuri Milner created the controversial Start Fund to invest in every new Y Combinator startup.
They offered each YC startup to graduate from Paul Graham’s rigorous selection process $150,000 in an uncapped convertible note with no discount. Some venture capitalists didn’t like the precedent this set. But at least one more big one, Andreessen Horowitz, is jumping on board and joining the Start Fund. Going forward, Andreessen Horowitz will contribute $50,000 of that $150,000 to each YC startup that chooses to take the deal (and so far, most of them have). “It will start with the next cycle,” Marc Andreessen tells me.