Deadline: 15 October 2024
The Y Combinator is accepting applications for the Winter 2025 funding cycle.
Startups at all stages benefit from the intensity of YC. That’s probably the best word to describe the atmosphere. For 3 months, it’s all startup, all the time. Everyone around you—them, the other founders in your batch, the alumni, the speakers, the investors—wants to help your startup succeed. In that atmosphere it’s hard not to be highly motivated. And that kind of extraordinary motivation is what one needs to do something as difficult as starting a startup.
Goals
- The overall goal of YC is to help startups really take off. They arrive at YC at all different stages. Some haven’t even started working yet, and others have been launched for a year or more. But whatever stage a startup is at when they arrive, their goal is to help them to be in dramatically better shape 3 months later.
- For most startups, better shape translates into two things: to have a better product with more users, and to have more options for raising money.
- Startups at all stages benefit from the intensity of YC. That’s probably the best word to describe the atmosphere. For 3 months, it’s all startup, all the time. Everyone around you—them, the other founders in your batch, the alumni, the speakers, the investors—wants to help your startup succeed. In that atmosphere it’s hard not to be highly motivated. And that kind of extraordinary motivation is what one needs to do something as difficult as starting a startup.
- Many founders describe the 11 weeks leading up to Demo Day as the most productive period in their lives. Though YC continues after the 3month cycle, and the alumni community is an increasingly valuable resource, those 11 weeks are still the most important thing. You can’t make people something they’re not, but the right conditions can bring out the best in them. And since most people have way more potential than they realize, they’re often surprised by what they’re capable of.
Funding Information
- YC invests $500,000 in every company on standard terms. Their $500K investment is made on 2 separate safes:
- They invest $125,000 on a post-money safe in return for 7% of your company (the “$125k safe”).
- They invest $375,000 on an uncapped safe with a Most Favored Nation (“MFN”) provision (the “MFN safe”).
- Each YC batch has many companies who have already raised over $1M
Eligibility Criteria
- They have an application process that’s open to any startup, anywhere in the world.
For more information, visit Y Combinator.
