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Graham, a computer programmer turned author, developed a devoted following among would-be tech entrepreneurs with his essay "How to Start a Startup." Several years ago, he put his money where his mouth was, launching Y Combinator, a venture firm that incubates technology companies. Twice a year, the firm provides seed money, typically $20,000 or less, to help select young entrepreneurs bring their ideas to life. Social news site Reddit is among the most successful Y Combinator companies, having been acquired by Condé Nast Publications in 2006.