Y Combinator’s president Sam Altman dropped some big stats about his prestigious startup accelerator today. But there’s a few he left out that can be estimated based on his announcement that the combined market cap of all YC companies exceeds $30 billion.
It was the middle of the night when the jangle of his cellphone woke Sanjay Khajuria from a deep sleep.
Recently Inc published an interview in which I said we'd noticed a correlation between founders having very strong foreign accents and their companies doing badly. Some interpreted this statement as xenophobic, or even racist—as if I'd said that having a foreign accent at all was a problem.
An investor wants to give you money for a certain percentage of your startup. Should you take it? You're about to hire your first employee. How much stock should you give him? These are some of the hardest questions founders face. And yet both have the same answer:
I had a front row seat for the Internet Bubble, because I worked at Yahoo during 1998 and 1999. One day, when the stock was trading around $200, I sat down and calculated what I thought the price should be. The answer I got was $12. I went to the next cubicle and told my friend Trevor.
Highly addictive, horribly debilitating, unfortunately pervasive, and freaking delicious. If I had to point to ONE culprit to our country’s expanding waistlines and rapidly deteriorating health, it would be sugar.
FreeBSD is a fast, secure, modern Unix-like operating system with a fantastic community, great documentation, and powerful technologies like ZFS and LLVM. It’s my operating system of choice for everything from my i7-2600k desktop to my home router to my ARM plug computer jukebox.
October 2010 (I wrote this for Forbes, who asked me to write something about the qualities we look for in founders. In print they had to cut the last item because they didn't have room.) 1. Determination This has turned out to be the most important quality in startup founders.
Recently was helping a friend of mine who was applying for Y Combinator to fill up his application.We were selected for Y Combinator Final Interview few batches ago. So ended up reading a lot of articles on getting into Y Combinator. Thought, it would be helpful if I put it up as blog post.
Data and creativity can work really well together. Don’t believe me? On February 1, 2013, a TV series called House of Cards debuted on the video streaming service Netflix. It proved an immediate hit. Two years later, it has a nine out of 10 rating from more than 275,000 reviewers.
Turkey has weathered five successful military coups since the founding of the Republic, in 1923, and what happened on Friday, with soldiers surging against President Recep Tayyip Erdoğan and his ruling Justice and Development Party, or A.K.P., marks an attempt at the sixth.
Sometimes, you want to see your Android smartphone’s screen on your PC. How do you do that?
As of yesterday Y Combinator began its marathon series of interviews to decide which startup teams will ultimately go through the – now world-renowned – program. Interviews go on for five days.
Having just come through Y Combinator, we frequently get asked whether it was worth it. The answer is absolutely yes, no hesitation. While the experience is still fresh, I want to encourage you to apply for the next cycle and give some advice for getting in.
One of the things I always tell startups is a principle I learned from Paul Buchheit: it's better to make a few people really happy than to make a lot of people semi-happy. I was saying recently to a reporter that if I could only tell startups 10 things, this would be one of them.
I realized recently that what one thinks about in the shower in the morning is more important than I'd thought. I knew it was a good time to have ideas. Now I'd go further: now I'd say it's hard to do a really good job on anything you don't think about in the shower.
About six weeks ago, I was sitting in front of my computer waiting for one email. Not just any email. The email. We had just flown from Paris to Mountain View for our 10-minute interview at the Y Combinator and it was now over. All we had left to do was wait.
But I have a really hard time giving this advice to a 22 year old. I certainly didn't heed it myself. Instead I used the cash and spent 100% of it on my own professional and personal development. So, naturally, since this is Stanford and Silicon Valley. I'd include a section on Risk. Taking it.
If you’ve been following Marvel’s comics lately, you’ll know that Steve Rogers hasn’t been Captain America for a while now. He’s been drained of his super-soldier serum and turned into an old man, while former Falcon Sam Wilson has taken up the mantle (much to some people’s chagrin).
Every business, at some point, faces competition. But competition is not the same as disruptive competition — a new class of competitors created when technology enables new players to compete with incumbents on terms the incumbent isn’t used to.
Earlier this week, I attended the Spring YCombinator Demo Day. I’ve been attending for six years now. Each time, I’m impressed by the intelligence, ambition and the polish of the founders presenting companies only a few weeks or months old.
My cofounder Ishaan and I just graduated from the Summer ‘13 batch of Y Combinator with our mobile analytics company, Watchsend, and it was undoubtedly critical to our development as entrepreneurs. This is the advice I give others about applying.
EDIT: 12:55 PM. This has been a really fun three hours, but now I have back to back meetings for the rest of the day. Sorry I couldn't answer everything--I typed as fast as I can :) Special thanks to the YC software team for fixing an issue very quickly in the middle of this!
Love the site especially the speed. But disappointed that the search indexes the name of the container of the torrent only and not the name of the files within the torrent. To date the only site I know that does this is "filelisting dot com" but their website is very slow.
The world’s most prestigious startup accelerator Y Combinator published a guide to founding companies called The Startup Playbook. Here are the top tips from YC’s president Sam Altman, accompanied by illustrations from Gregory Koberger.
Y Combinator's 7th birthday was March 11. As usual we were so busy we didn't notice till a few days after. I don't think we've ever managed to remember our birthday on our birthday. On March 11 2005, Jessica and I were walking home from dinner in Harvard Square.
You've heard the expression “practice makes perfect” a million times, and you've probably read Malcolm Gladwell's popular “10,000 hours” theory.
The investment will come in two chunks, which together will represent a flat 7% of the company. Although YC itself continues to have no LPs (and that way we have the flexibility to do things like fund non-profits), a portion of the investment is from a fund YC manages that does have LPs.
Sequoia Capital has invested in nearly all of Y Combinator's billion-dollar startups and eight of YC's top 13 most highly valued alumni. Instacart’s $210 million Series C round capped off an impressive 2014 for Y Combinator backed companies.
Wade Foster on Zapier’s unusual beta program, getting new users and building a successful remote team. Software integrations have been around for a very long time.
Another area where I had a big effect is the atmosphere at Y Combinator. Before YC, atmosphere was not something investment firms even had. They just had portfolios. But YC was different because after selecting founders we brought them together for dinner every week.
Some of these hundreds of moments per day are when people are checking the time, texting with a spouse, or catching up with friends on social media.
Thursday was a rough day for digital media.
I remember my first meeting with the chairman when I arrived at Leicester City this summer. He sat down with me and said, “Claudio, this is a very important year for the club. It is very important for us to stay in the Premier League. We have to stay safe.” My reply was, “Okay, sure.
What do you think of when you hear “Y Combinator”? If you’re like most of us, you’d probably think of the venture capital company based in Mountain View, California. Please, please don’t run away. There’s a reason why Silicon Valley’s Y Combinator is named after this.
Want to work at Slack — in NYC? We are hiring talented engineers, product managers, and designers. Visit slack.com/jobs to find out more, or email me directly at nweiss @ slack-corp . com.
But how does YC do it? What sets it apart from some of the other accelerators out there, and why does it seem like its alumni companies are disproportionately successful? With the latest episode of Incubated, we set out to find out.
Update: The Startup School videos featuring Watsi’s Chase Adam and from “Office Hours” have just been posted online. Our post below has been adjusted accordingly. Startup accelerator program Y Combinator has posted most of its videos from this year’s Startup School on its YouTube page.
It’s been a little while since I’ve written about growth hacking and I wanted to write about my experience with growth hacking since going through Y Combinator with One Month. So what are the things that Y Combinator does to make its startups grow so fast?
I've done a half-assed "important learnings from the last year" retrospective for myself, but your method of keeping it going forward is both far less lossy and more complete. Putting it on GIT as well seems like a smart choice. Treat it as your "Accessible anywhere" personal cheat-sheet.
“Safe” comes from “Simple agreement for future equity.” Although the name is an acronym, we got tired of typing “SAFE” all the time when talking about it, and we’ve already switched to lowercase.
Some kind of magic happens in startups, especially at the very beginning, but the only people there to see it are the founders. The best way to understand what happens is to ask them, so that’s what I did. In the book, you’ll hear the founders’ stories in their own words.
Your willpower is constantly being tested, which makes things like eating healthier, exercising more often, and waking earlier so very hard. The good news is there's one powerful way to train our brains for more self-control. That's right, meditation.
PATERSON, N.J. — Brenda Pitts sat stiffly in an emergency room cubicle, her face contorted by pain. An old shoulder injury was radiating fresh agony down to her elbow and up through her neck. She couldn’t turn her head. Her right arm had fallen slack.
I have a server moving 20+TiB up and 20+TiB down per month for 2.99€. If I'm reading this right with EC2 pricing I'd be paying 1,750€/month just for the bandwith!
So you have a YCombinator interview coming up? Congratulations. You’d like some advice from a YC alum (S ’11) about how to prepare? Happy to help.
The United States is estimated to now have over 27 million Entrepreneurs. Since you are reading this, I am assuming you are one of them and are probably familiar with incubators like 500 startups and Y Combinator.
Besides, I don't see any reason why Google can't add OpenStreetMap as an additional data source in some or all areas (right in the spirit of the article). It will be interesting to see how the usage and development of OSM changes if that really happens.
News that a nuclear power plant has been the target of a cyber attack is deeply concerning, but you may have missed it, given all the headlines about election hacking this week.
In school you learned all about a few basic concepts that prepared you for a lifetime of barely understanding the simplest things in this complicated world. It wasn't much, but it's all you have. And we're about to take that away from you. Don't think we're condescending.
In the fall of 2014, Sam Altman President of Y-Combinator, taught a class at Stanford entitled “How to Start a Startup”. All lectures are online. I’m on faculty as an Entrepreneur in Residence at Florida State University.