Here’s How Incubator Y-Combinator Makes Billions With Other Peoples Ideas.
5,000 start-ups funded, which now have a combined valuation of $800 billion!
There’s no need to come up your own ideas, when you have 100’s of thousands of brilliant engineers and technology experts who may not need your help creating technology .. do need help, creating a corporate structure (a ‘Company’) that is worthy of funding and maybe someday going public in the! This where an Incubators help (grooming) comes into play.
Grooming has enabled Y-Combinator portfolio companies in the past to $85 billion dollars, from some of the best investors in the world. Their founders have access to the YC Investor Network which has profiles and reviews on technology, legal, and and accounting experts including more than 50,000 startup investors.
Through ‘Work at a Startup‘ or ‘HN‘, Y-Combinator has helped many of its portfolio Company founders hire early engineers and other team members, critical to finding product market fit. At any given time there are 150,000+ candidates searching for jobs at early stage YC companies.
Y-Combinator Website
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