The first group affiliated with YC Research is OpenAI. You can read more about it here.
Earlier this fall, we announced our first Open Office Hours where founders got to meet one-on-one with YC partners. We piloted the program with Black and Latino founders, over 650 founders applied in under a week, and we were able to meet over 50 teams in just 2 days.
We learned three things:
There are a large number of talented Black and Latino founders eager to make their startups a success (we didn’t see a pipeline problem).
There is an incredible appetite for open office hours throughout the startup community. Founders from a wide range of backgrounds and countries reached out and asked to participate.
Open office hours are an incredibly efficient way for us to get to know and help founders who don’t have access to great startup advice and mentors.
We believe that startups are often best at solving the personal problems of their founders. The more diverse the background of the founders we help, the more problems can be solved, and the more people who can be positively impacted by technology.
So, starting in January, we’ll be hosting Open Office Hours every month and each month, we’ll focus our outreach on a different community (under-represented minorities, vets, women, international founders, etc.). We'll also open some months to anyone in the startup community.
Each company who participates will get a 20-minute office hours appointment with a YC partner. They can do them in person at our office in Mountain View, CA or remotely on Skype. Founders can ask questions, get advice, and grow their network. Additionally, Amazon is generously offering $5,000 in AWS credit for all participating teams.
We’re taking signups for Q1 starting today.
Check out the Q1 2016 schedule below.
Learn more and apply here: http://www.ycopenofficehours.com/
- Kat Manalac and Michael Seibel
Q1 Open Office Hours Schedule
January 28: General Open Office Hours
All founders are welcome to apply.
Deadline to apply: Jan 7
February 11: Veterans (VetTechTrek + YC)
VetTechTrek, an organization that helps military veterans connect to the tech community, will be leading a trip that includes stops at YC and some of our portfolio companies. The trek takes place in San Francisco and the Silicon Valley on Feb 10-11. YC partners will do office hours with Vets on Feb 11.
Apply to join VetTechTrek
Deadline to apply: Jan 21 - Applicants are selected on a rolling basis so there is a strong preference to apply early.
If you can’t make it to the trek in person, you can still apply for Vet Open Office Hours here.
Deadline to apply for office hours only: Jan 21
March 10 - International Founders
All founders from outside of the US, whether you are looking to sell in America or in your local market, are encouraged to apply.
Deadline to apply: Feb 18
April - Female Founders
May - Break
June - General
July - Black and Latino Founders
Not many people know this, but Y Combinator accepts late applications.
Typically startups are busy executing at their own pace, often moving very quickly. As such, it makes sense for us to allow teams to apply to YC whenever they believe we can add the most value.
As with many things at YC, we started by thinking about late acceptances as an experiment and have collected data over the last few application cycles. We found that some of our most promising teams would have missed out on YC if we hadn’t accepted them late.
While we do accept late applications, we still strongly encourage founders to apply on-time. On-time applications get the most partner attention, the quickest response time, and the best shot of getting accepted into Y Combinator. We’ll consider late apps without any penalty, but there are three downsides for founders to keep in mind:
- Responsiveness. We can’t say exactly when your late app will be reviewed or you’ll be interviewed, as that’s based purely on partner availability.
- Coverage. Fewer partners will review late applications, which means there’s a greater chance we might miss exactly why your company has such great potential.
- Acceptance rate. We’ve already filled out most of the batch, so you’re competing for fewer slots. Because of this, late applications must be more compelling and reflect a higher quality than standard apps.
Partners review and vote on late applications just the same as they do for on-time applications. We’ll invite late applicants to interview with us if we think their application is compelling, either alongside the on-time interviews (if we have spots available) or later on a separate day dedicated to interviewing late applicants.
For more information about late applications, check out our Late Applications FAQs.
To submit a late application, visit: Apply to Y Combinator
Top Stories from the YC World -- November 21st to 27th, 2015
Le Tote (S13) raises $15m for its fashion subscription service
Coinbase (S12) and Shift (S14) partner to launch the first US-issued bitcoin debit card
We're excited to announce the launch of The Macro, a new publication that will feature essays, interviews, research, and opinions from Y Combinator and the wider startup community.
Y Combinator’s mission is to enable more innovation in the world. Historically, that’s mainly meant funding and advising startups.But from the beginning, storytelling has also been a core part of YC's DNA. From Paul Graham's essays, to Jessica Livingston's book Founders at Work, to the more recent Female Founder Stories series and Sam Altman’s How to Start a Startup class, a big part of what has made Y Combinator special has been the stories it has helped create and the way that it has shared those lessons with the world.
As YC has expanded, so has the amount of stories to share. The Macro is the latest part of that tradition.
As with most everything YC does, The Macro is starting as an experiment, and we’re learning and iterating as we go. We welcome your submissions and feedback: email us at email@example.com
1. [Hence the name, in part. It’s also a nod to the “macro” as a powerful operator in computer programming, particularly in the Lisp language. Paul Graham wrote in depth about how to use the macro in his 1993 book On Lisp, explaining: “Mastering macros is one of the most important steps in moving from writing correct Lisp programs to writing beautiful ones.”]↩
We are in the midst of YC interviews right now and I had a few bits of advice for interviewees that I thought I'd publish while they are still top of mind (in no particular order):
1. Don't use buzzwords. Speak in plain language.
2. Have a conversation with us. Don't deliver a prewritten "pitch."
3. Sometimes we'll want to see a demo, but most often we just want to talk about what you're doing. If you rely on a demonstration to explain what you're doing, that's a bad sign. Being able to explain something in words shows you really understand it.
4. Relax (I know this is easier said than done). We want you to do well! And we are very expert by now at overlooking the little things that go wrong in interviews.
5. We love learning new things. And a good startup idea usually teaches you something when you encounter it. Don't worry if the new things about your idea are things only someone in your field would care about. We like that. We'd rather have interesting details than boring generalizations.
6. We don't have lots of time for pleasantries, unfortunately. We have a fixed amount of time and we want to spend it learning about you and your idea. So please don't take it personally if we jump right into things.
7. There's no one specific set type of interview. They can go in many different directions. So don't worry if the interview doesn't take the form you expected.
And here are Michael Seibel's 10 pieces of advice for preparing for a YC interview.
Top Stories from the YC World -- November 7 to November 13, 2015
Jessica Livingston featured on Product Hunt's AMA series
Sam Altman interviewed in Wired about investing in biotech startups
Things That Aren't Progress by Aaron Harris
Tesorio (S15) featured in Inc. Magazine
Bluesmart (W15) selected for MOMA design store collection
Cymmetria (S15) raises $9 million for cybersecurity platform
Docker (S10) adds $18 million in new funding
Machine Zone (W08) launches new game, Mobile Strike
DoorDash (S13) profiled by Steven Levy on Medium's Backchannel
Meadow (W15) noted in New York Times article on cannabis startups
Top Stories from the YC World -- October 31 to November 6, 2015
Startup Playbook by Sam Altman
A Way to Detect Bias by Paul Graham
Thank you, Y Combinator by Garry Tan
Watsi (W13) raises $3.5M in philanthropic growth round, co-founder Grace Carey featured in Self Magazine
Verge Genomics (S15) raises $4M for algorithm-enabled drug discovery
Gingko Bioworks (S14) purchases 100M base pairs of synthetic DNA from Twist Bioscience
Semantics3 (W13) raises $1.55M for e-commerce data platform
GitLab (W15), now with 1M downloads, featured in Business Insider
Pebble (W11) CEO Eric Migicovsky onstage at Dublin Web Summit
Dropbox (S07) talks enterprise growth at its first Dropbox Open conference
Genius (S11) announces partnership with Eminem
Weave (S14) raises $15.5M for small business communication platform
Top Stories from the YC World October 24 through October 30, 2015
Continuity's Ali Rowghani talks to CNBC about playing the long game in VC investing
Gobble (W14) raises $10.75 million Series A for its 10 minute dinner kits
SEED (W15) raises $5 million to scale its small business banking platform
Afrostream (S15) signs deals with Sony Pictures and Viacom
Blockspring (S14), the ‘do anything in a spreadsheet’ startup, partners with Tableau
Razorpay (W15) raises $9 million from Tiger Global and Matrix Partners
'Life With My Robot Secretary', Fast Co Design's review of Clara Labs (S14)
Verge Genomics (S15) raises $4 million in seed financing
Shoptiques' (S12) CEO Olga Vidisheva profiled in Forbes
Genius (S11) launches 'Genius Beta', a plug-in for annotating any page on the web
Y Combinator has a small team that makes the software that runs YC. Hardly any investors write software, but YC was started by hackers so it's natural for us to solve our problems that way.
The YC software is used by a relatively small number of people—mostly the YC partners and founders—but the users are sufficiently important that through them we are able to have huge leverage. YC has ambitious plans to create more innovation in the world, and the only way to reach that level of impact is to scale through software.
We're looking for a couple of great hackers to join us. It's not a job for everyone, but it could be a good fit for someone who likes startups. If you're a hacker, have a look at the job description. If it feels like a good fit, we’d love to hear from you. If not, our startups are hiring people of all kinds, so have a look at them too.
More details: Be a Hacker at Y Combinator