Tag Archives: Y Combinator

From Dorm Room to Silicon Valley: ‘Shout’ Founder Reveals How He Got Into Y Combinator

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Twice a year, Y Combinator, a seed funder named the top startup incubator and accelerator by Forbes, invests $120k in dozens of promising startups in exchange for 7% equity. As of 2013, Y Combinator has funded over 500 companies, and according to founder Paul Graham, the average valuation of Y Combinator-backed companies is $45.2 million. The infantile startups move to Silicon Valley for 3 intense months and are given the space, advice, and network to whip their businesses into the best possible shape before presenting their ideas to potential investors.

The hopes, dreams, and tireless work of these startup founders, web developers, and designers all culminate in one daylong event that has the power to change their lives, and perhaps our lives forever: That event is Demo Day.

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