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Company name | Y Combinator | Company type | Limited liability company | Industry | Venture Capital | Founded | 2005 | Headquarters | Mountain View, CA | Products | Investments |
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Y Combinator is an American seed-stage startup funding firm, started in 2005 by Paul Graham, Robert Morris, Trevor Blackwell, and Jessica Livingston. Y Combinator provides seed money, advice, and connections at two 3-month programs per year. In exchange, they take an average of about 6% of the company's equity.
Unusual among startup funding firms, Y Combinator provides very little money-$17,000 for startups with 2 founders and $20,000 for those with 3 or more. This reflects Graham's conviction that between free software, dynamic languages, the web, and Moore's Law, the cost of founding a startup has greatly decreased.
The firm is named after a construct in the theory of functional programming called the "Y combinator".
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Private equity and venture capital investment firms
Investment strategy | Venture * Growth * Mezzanine * Secondaries |
History | History of private equity and venture capital * Early history of private equity * Private equity in the 1980s * Private equity in the 1990s * Private equity in the 2000s |
Investors | Institutional Investors * Pension funds * Insurance companies * Endowments * Investment Banks * Commercial Banks * Fund of funds * High net worth individuals * Angel investors * Family offices * Sovereign wealth funds |