What Are Startups Afraid of? The Answers Say a Lot About TechBy
Uber and Airbnb are rising threats on startups’ radars
Fewer Y Combinator applicants list Dropbox as a rival
Y Combinator, which helped incubate Airbnb Inc. and Instacart Inc., has a reputation for having an application process that’s more exclusive than Harvard University’s. About 6,000 aspiring startups applied to the Silicon Valley business incubator’s summer 2016 class in hopes of being one of the 107 or so to receive a $120,000 investment and access to the group’s well-connected investors and executives.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.