YC Digest - 1/9-1/15

Top Stories from the YC World - 1/9/15-1/15/15
How One Founder's Wedding Day Call Led To Millions In Funding From A Top VC - Vidyard (YC S11)

Giddiness, Terror, Cornbread: Here's What a Y Combinator Dinner Is Really Like

YC Demographics

This Company Will Let You Try Out a Box of Fitness Trackers At Home, Warby Parker-Style - Lumoid (YC S13)

Launches

Essays
Don't Talk to Corp Dev by Paul Graham


Fundraising


Underground Cellar (YC W15) Is A Wine-Buying Site That Rewards You With “Better” Bottles For Free

"While the Internet is not lacking in places to buy wines online, a new Y Combinator-backed startup called Underground Cellar has come up with an interesting new concept for wine sales, where its customers are able purchase package deals that include random, free upgrades to premium, rare, and private-stash bottles from a number of wineries. These wines can then be shipped immediately to the consumer, or they can stored in Underground Cellar’s own climate and temperature-controlled wine cellar for on-demand shipping...

For consumers, the draw is that you’re able to access expensive, premium wines without having to pay the higher pricing, but for the wineries themselves, being promoted as an “upgrade” allows them to protect their brand image and current pricing structure."

Read the full story on TechCrunch

YC Demographics

We want to be sure we’re not discriminating against founders in our funding decisions at YC, so we decided to look at some data.

Based on analyzing a random sample of 5% of YC winter 2015 applicants, 11.8% of the founders who applied were women and around 3% percent of the founders were either Black or Hispanic.

Of the founders we funded in our most recent batch, 11.1% of the founders are women (about 23% of the startups have one or more female founders), 3.7% of the founders are Hispanic, and 4% of the founders are Black. 

The good news is that there is no disadvantage to applying to YC as a female or minority founder.  The bad news, of course, is that applicant percentages are low relative to the entire population. 

We believe the ecosystem can support a lot more startups from many different backgrounds; this will not be a zero-sum game.  We will continue and strengthen our outreach efforts. As more good people start startups and apply to YC, more startups will get funded.

YC Digest - 1/2-1/8

Top Stories from the YC World - 1/2/15-1/8/15
7 admirable startups that are driving social change featuring Bayes Impact (YC S14)



Essays

Acquisitions

Congrats to the YC Crunchies nominees!

Congratulations to the YC companies and founders nominated for the 8th Annual Crunchies Awards. 
Vote here!  

Best E-Commerce Application

Fastest Rising Startup

Best Health Startup

Best Design

Best Enterprise Startup

Can't Stop, Won't Stop

Angel of the Year

Founder of the Year

Best New Startup of 2014

Best Overall Startup of 2014

Congrats to YC's Sam Altman + the YC founders named in Forbes' 30 Under 30

Image: Walter Smith for Forbes

Congratulations to YC's Sam Altman and the YC founders named in Forbes' 30 Under 30. 

Consumer Tech

Education

Mattan Griffel - OneMonth

Enterprise Tech

Food & Drink 

Games

Healthcare

Law and Policy

Media

Retail

Social Entrepreneurs

Venture Capital

GrubMarket (YC W15) aims to bring farmers markets straight to your door

GrubMarket joins the YC W15 batch and announces their Chicago expansion: 

A young San Francisco company called GrubMarket hopes it can keep consumers connected to local food suppliers with an ecommerce platform that lets farmers and small food businesses sell their goods, even in mid-winter. The company expanded operations to Chicago in December in its first push beyond the west coast.

“I am a big fan of local food and supporting local farms,” said founder and CEO Mike Xu.

GrubMarket is a member of of the San Francisco accelerator Y Combinator's current class. Xu said the company has raised $2 million from the program and other investors since launching in February. The platform includes 280 vendors who sell to the Chicago and San Francisco markets, Xu said. The majority of those are in the Bay Area.

Read the full story in the Chicago Tribune

Top Stories from the YC World - 12/18-1/01

YC Digest - 12/18-1/01
> Applications for the Female Founders Conference are open


Launches

Essays
Let the Other 95% of Great Programmers In by Paul Graham: "The US has less than 5% of the world's population. Which means if the qualities that make someone a great programmer are evenly distributed, 95% of great programmers are born outside the US." 

> We're all communication hoarders by Aaron Harris: "There's a class of product yet to be successfully created that can sift through all of my communication, across all platforms, that finds what is actually meaningful." 

Fundraising



YC-Backed Omniref (YC W15) Is Rap Genius For Code

YC W15's Omniref announced their launch today on TechCrunch

"While the open source movement has made getting up and running with a software project incredibly easy for those who know what to look for, the reality is that not every project can be updated to support the latest versions of the code they’re built on.

Over time, this means that you see thousands of projects running on some old version of a library that seemingly no one is familiar with anymore.

Y Combinator-backed Omniref is building a code reference tool that could help developers get assistance from others building on the same code. Originally launched as a code search tool for Ruby in November 2013, the site has since added a Q/A feature resembling Genius’s annotation feature, as made famous by Rap Genius."

Read the full story on TechCrunch

Female Founders Conference 2015 applications are open

We’re delighted to announce the second Y Combinator Female Founders Conference, on Saturday, February 21 in San Francisco. 

Once again, we’ll bring current and future founders together to share their stories, give advice, and make connections. 

At YC, we have the honor of working with a lot of incredible female founders, and this is our chance to introduce some of them to you. If you are thinking about starting a startup or are in the midst of running one, we hope hearing stories from other women will inspire you to take the leap (or keep going!). 

We'll also be joined by distinguished guests like Kimberly Bryant (Black Girls Code), Ruchi Sanghvi (the first female engineer at Facebook and founder of Cove, acquired by Dropbox), and a few more, whose stories we're excited to hear ourselves.  

If you're a woman interested in learning more about building startups or non-profits, we encourage you to apply.