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Y Combinator
Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe and Twitch. The combined valuation of the top YC companies was more than $300 billion by January 2021. The company's accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and has been entirely online since the start of the COVID-19 pandemic. ''Forbes'' characterized the company in 2012 as one of the most successful startup accelerators in Silicon Valley. History Y Combinator was founded in 2005 by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell. From 2005 to 2008, one program was in Cambridge, Massachusetts, and one was in Mountain View, California. As Y Combinator grew to 40 investments per year, running two programs became too much. In January 2009, Y Combinator an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PagerDuty
PagerDuty is an American cloud computing company specializing in a SaaS incident response platform for IT departments. It has been recognized by ''Forbes'' on its "Cloud 100" as well as the ''USA Today'' list for the top small and mid-sized companies for diversity in 2018. PagerDuty is headquartered in San Francisco with operations in Toronto, Atlanta, the United Kingdom, and Australia. Its platform is designed to alert clients to disruptions and outages through machine learning and automation. The software operates as a standalone service or can be integrated into existing IT systems. Notable customers include GE, Vodafone, Box.com, Clover Network, and American Eagle Outfitters. History The company was founded 2009 in Toronto, Ontario, by University of Waterloo graduates Alex Solomon, Andrew Miklas, and Baskar Puvanathasan. The company was incubated at Y Combinator. PagerDuty raised a seed funding round of $1.9 million in 2010, followed by a Series A round that raised $10 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam Altman
Samuel H. Altman ( ; born April 22, 1985) is an American entrepreneur, investor, programmer, and blogger. He is the CEO of OpenAI and the former president of Y Combinator. Early life and education Altman grew up in St. Louis, Missouri; his mother is a dermatologist. He received his first computer at the age of 8. He was raised Jewish. He attended John Burroughs School for high school and studied computer science at Stanford University until dropping out in 2005. In 2017, he received an honorary degree from the University of Waterloo. Altman is gay, and has been out since his youth. Career Loopt In 2005, at age 19, Altman co-founded and became CEO of Loopt, a location-based social networking mobile application. After raising more than $30M in venture capital, Loopt was shut down in 2012 after failing to get traction. It was acquired by the Green Dot Corporation for $43.4 million. Y Combinator Altman began as a part-time partner at Y Combinator in 2011. In February 2014, Altman ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watsi
Watsi, legally Watsi, Inc., is a nonprofit healthcare crowdsourcing platform that enables individual donors to directly fund medical care for individuals in developing countries without access to affordable medical care. Background Watsi was the first nonprofit funded by seed accelerator Y Combinator. They have also been funded by the Draper Richards Kaplan Foundation. In November 2015 the company announced a $3.5M growth round of donations led by 12 investors including Paul Graham, Tencent, and The Pershing Square Foundation. Medical partners included Nyaya Health, Dr. Rick Hodes, Wuqu' Kawoq, Children's Surgical Centre, CURE International, African Mission Healthcare Foundation, Hope for West Africa, Project Muso, Lwala Community Alliance, Living Hope Haiti, Floating Doctors, Burma Border Projects, Partner for Surgery, International Care Ministries, The Kellermann Foundation, and World Altering Medicine. In 2014, Watsi's old logo, which had a blue cross with a white trian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yuri Milner
Yuri Borisovich (Bentsionovich) Milner (russian: Юрий Борисович (Бенционович) Мильнер; born 11 November 1961) is a Soviet-born Israeli entrepreneur, venture capitalist and physicist. He is a cofounder and former chairperson of internet company Mail.Ru Group (now VK) and a founder of investment firm DST Global. Through DST Global, Milner is an investor in Byju’s, Facebook, Wish, and many others. In 2012 Milner's personal investments included a stake in 23andMe, Habito, Planet Labs, minority stake in a real estate investments startup, Cadre in 2017. Early life Born into a Jewish family Wired Magazine: "How Russian Tycoon Yuri Milner Bought His Way Into Silicon Valley" By Michael Wolff 21 October 2011 on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sequoia Capital
Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. , Sequoia's total assets under management were approximately US$85 billion. Sequoia is an umbrella brand for three different venture entities: one focused on the U.S. and Europe, another on India and Southeast Asia, and a third on China. Notable successful investments by Sequoia Capital include Apple, Cisco, Google, Instagram, LinkedIn, PayPal, Reddit, Tumblr, WhatsApp, and Zoom. History Sequoia was founded by Don Valentine in 1972 in Menlo Park, California, at a time when the state’s venture capital industry was just beginning to develop. Sequoia formed its first venture capital fund in 1974, and was an early investor in Atari the next year. In 1978, Sequoia became one of the first investors in Apple. Partners Doug Leone and Michael Moritz assumed leade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
