Y Combinator

9

A label you add to your startup's intro (if chosen) that your company exchanges 7% of protected equity to arbitrary increase your valuation with.

After getting accepted from Y Combinator, my 3 man team from [insert top 5 engineering school here], we launched our [insert undeveloped idea that sounds good on paper here], and raised 1.5 million dollars from Demo Day because we're changing the world.

Added by yungsnuggie yungsnuggie over 9 years ago

  • charlesjo charlesjo

    Possibly more valuable label than Stanford in the startup world.

    2
    Reply
    over 9 years ago

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Other definitions

5

Y Combinator is an early stage seed fund started by Paul Graham in 2005. The combined market cap of Y Combinator companies is currently over $30 billion

John: You should apply for Y Combinator they will give you 120k for 7% of your company and provide great mentorship.
Amit: Great idea. I'm going to apply

Added by zazpowered zazpowered over 9 years ago

    4

    A higher-order function that satisfies the "fixed point theorem"

    Professor: "We have Y = [\f . (\x . f(xx) ) . (\x . f(xx)) ], that we call the Y-Combinator"
    Business student: "SORRY PROFESSOR BUT YOU ARE WRONG. Y COMBINATOR IS AN INCUMBATOR OK???"
    Professor: "Please calm down Michael, Paul Graham is indeed very inspired, and enthusiastic about lambda calculus but this..."
    Business student: "NO HE IS THE FOUNDER OF Y-COMBINATOR, I HAVE PROOFS"
    Professor: "Sigh."

    Added by freefunctor freefunctor over 9 years ago