We’ve spoken to a number of college students who are considering foregoing a virtual fall term and instead looking to gain valuable work experience. In turn, many YC companies have had great experiences with their 2020 summer interns. One founder noted, “We had a really successful summer term. I could rave for a long time.” Despite Covid-19, many of these startups are still seeing strong demand for their product and have raised enough money to weather this downturn. They’re actively looking to hire bright and talented students to help ship more product and continue moving their companies forward.
Jul 30, 2020On August 24 and 25, YC will host our 31st Demo Day live over Zoom. After considering community feedback from our first, rapidly planned online Demo Day in March, we’ve decided that a live Demo Day is an important part of founders’ YC experience.
Jul 28, 2020We believe that new and upcoming B2B players now have the tools to overcome historical constraints, and that large B2B commerce aggregators will emerge over the next decade. At YC, we often look to Faire (YC W17) as a prime example of B2B aggregators that will emerge over the next few years. In this post, we’ll walk through Faire’s opportunity as a B2B marketplace for independent retailers and brands, and discuss what its success means for the future of B2B commerce companies.
Jul 24, 2020We are making two changes to our standard deal in conjunction with a recent fundraise. Starting with the Winter 2021 batch, our deal will be $125,000 for 7% equity on a post-money safe, and we will reduce the amount of our pro rata right to 4% of subsequent rounds. In the coming years, this will enable us to fund as many as 3000 more companies.
Jun 26, 2020If you’ve run a full Series A fundraising process and haven’t found a lead, pulling together a syndicate can be a good Plan B. (We’ve even seen a few cases where pulling together a competing “offer” from a syndicate triggered a term sheet offer from a lead.) If you’re in this position, here’s how to do it.
Jun 24, 2020
Marc Cuva is the lead Product Manager at ReadMe (YC W15) where he was also the company’s first full-time engineer. Learn more about Marc’s impact on the company vision, his transition to product, and the mentorship he’s gotten from ReadMe’s founder to further his development.
Jun 23, 2020We’re excited to announce that Startup School (SUS) is relaunching today as a continuous program. This change will allow us to serve many more founders than the traditional…
Jun 17, 2020