Y Combinator

Y Combinator’s Garry Tan supports some AI regulation but warns against AI monopolies

Government & Policy /

Garry Tan, president and CEO of Y Combinator, told a crowd at The Economic Club of Washington, D.C. this week that “regulation is likely necessary” for artificial intelligence. Tan spoke with Teresa Carlson, a General Catalyst board member as part of a one-on-one interview where he discussed everything from how to get into Y Combinator […]

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Garry Tan has revealed his ‘secret sauce’ for getting into Y Combinator

Startups /

If you’ve ever wanted to apply to Y Combinator, here’s some inside scoop on how the iconic accelerator goes about choosing companies from someone who knows best: Garry Tan, president and CEO of Y Combinator. The Economic Club of Washington, D.C. hosted Tan Wednesday for a one-on-one interview with Teresa Carlson, a General Catalyst board

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Stack AI wants to make it easier to build AI-fueled workflows

Startups /

Stack AI’s co-founders, Antoni Rosinol and Bernardo Aceituno, were PhD students at MIT wrapping up their degrees in 2022 just as large language models were becoming more mainstream. ChatGPT would be released to the world at the end of the year, but even before that, they recognized a problem inside companies putting data together with

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YC-backed Recall.ai gets $10M Series A to help companies use virtual meeting data

Fundraising /

More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced Thursday it’s raised a $10 million Series A funding round, bringing its total raised to over $12M. The startup has built infrastructure and a unified API that enables companies to access raw data from virtual meeting platforms like Google Meet, Microsoft Teams,

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How Y Combinator’s founder-matching service helped medical records AI startup Hona land $3M

AI /

Y Combinator is renowned in Silicon Valley for a lot of reasons, but there’s one service that has quietly become one of its most powerful: an online founder-matching tool. “I think this is the most valuable digital product that YC has built (i.e. more valuable than Bookface, etc.). It’s astonishing how many founders I meet

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Investors won’t give you the real reason they are passing on your startup

Fundraising /

“When an investor passes on you, they will not tell you the real reason,” said Tom Blomfield, group partner at Y Combinator. “At seed stage, frankly, no one knows what’s going to fucking happen. The future is so uncertain. All they’re judging is the perceived quality of the founder. When they pass, what they’re thinking

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Givebutter is turning a profit making tech for nonprofits

Venture /

Givebutter started in a George Washington University dorm room in 2016 as a software solution to make nonprofit fundraising more transparent and fun. Eight years later, the company is profitable and it just raised $50 million to scale as momentum for nonprofit-focused startups appears to be growing. The company’s co-founder and CEO, Max Friedman, fundraised

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Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market

Fintech /

Open banking may be a global trend, but implementation is fragmented. The fintech startups doing the legwork to make it a reality in smaller markets could become M&A targets for incumbents like Visa. One of these is Y Combinator alum Fintoc, a B2B fintech startup that has raised a $7 million Series A round of

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Radical thinks the time has come for solar-powered, high-altitude autonomous aircraft

Hardware /

Though many eyes are on space as orbit develops into a thriving business ecosystem, Radical is keeping things a little closer to the ground — but not too close. Its high-altitude, solar-powered aircraft aim to succeed where Facebook’s infamous Aquila failed by refining the tech and embracing more markets. It’s hard to believe that Facebook’s

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