Company Overview of Y Combinator
Y Combinator is an accelerator specializing in seed funding for early stage startups. The firm primarily invests in technology companies with a focus on web and mobile applications. It prefers to invest in companies based in the United States. The firm prefers to invest $0.12 million. It seeks a stake of seven percent in its portfolio companies. It seeks to fund startups in batches which is twice a year. It runs two three-month funding cycles a year, one from January through March and one from June through August. It does not seek board seats, rights to participate in future rounds, or vetoes over strategic decisions. Y Combinator was founded in 2005 and is based in Mountain View, California...
335 Pioneer Way
Mountain View, CA 94041
Founded in 2005
Key Executives for Y Combinator
Chief Executive Officer, Partner, President, and Member of Board of Overseers
Co-Founder, Partner, and Member of Board of Overseers
Partner and Chief Financial Officer
Compensation as of Fiscal Year 2014.
Y Combinator Key Developments
Reddit Reportedly Seeks Investors; Andreessen Horowitz And Sequoia potential Buyers
Sep 7 14
Advance Publications, Inc.’s portfolio, Reddit, Inc. is planning to raise funds. Sources said that the company has reached a preliminary agreement to sell less than 10% of the stake for more than $50 million. That could give the company a valuation of upward of $500 million. According to the news report, potential investors may be Andreessen Horowitz LLC and Sequoia Capital. Some individuals associated with Y Combinator may also be among potential suitors. Sources stated that Advance Publications may continue to hold 50% stake in Reddit. The repot mentioned that Reddit; Y Combinator; Founder, Alexis Ohanian and Advance executives declined to comment.
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