Sunday, July 22, 2007

Y-Combinator Funding

Paul Graham's Y-Combinator has just opened applications for funding in the San Francisco Bay area. The deadline is October 11 for companies seeking startup funding and mentoring. Reddit is one of the companies launched through this program.

Graham's March essay, "Why to Not Not Start a Startup", derived from talks at the 2007 Startup School and the Berkeley CSUA, reviews some of the lessons learned from Y-Combinator's first years of operations. He comments that So about half the founders from that first summer, less than two years ago, are now rich, at least by their standards. His piece on The Equity Equation is an interesting perspective on whether to seek or accept startup funding.

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