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YCombinator is mentioned by name in the article, describing it as an incubator. "YCombinator is the most successful of the new breed. Twice a year, Paul Graham
by citizenkeys 16y ago
YCombinator is mentioned by name in the article, describing it as an incubator.
"YCombinator is the most successful of the new breed. Twice a year, Paul Graham along with co-founder and now-wife Jessica Livingston choose 30 or so companies from thousands of applicants, invest about $25,000 in exchange for about 6 percent of a company. They then mentor the groups for a few months, urging them to build and launch quickly..."