Y Combinator has developed a new model of startup funding; since 2005 we have funded over 380 startups. Twice a year we invest a small amount of money (average $18k) in a large number of startups (most recently 65). The startups move to Silicon Valley for 3 months, during which we work intensively with them to get the company into the best possible shape and refine their pitch to investors. Each cycle culminates in Demo Day, when the startups present to a large audience of investors. But YC doesn't end on Demo Day. We and the YC alumni network continue to help founders for the life of their company, and beyond.
In this talk, I will talk about the Y combinator VC model, introduce who we are, why we are effective, and contrast it with the traditional VC model. Along the way, I'll share some war stories and provide some anecdotal advice on how to be a successful entrepreneur.
Join the live webcast beginning at 4:15PM Pacific and continuing until 5:30PM.
The archived video for this presentation will be available sometime in the evening following the presentation. CLICK HERE to view the presentation.
There is no downloadable version of the slides for this talk available at this time.
About the speaker:
Paul Buchheit is a partner at the venture capital firm Y Combinator. He previously co-founded FriendFeed, which was acquired by Facebook in 2009, and was one of the first engineers at Google. At Google, he started Gmail, suggested the "Don't be evil" motto, and created the first AdSense prototype. Paul has a degree in Computer Science from Case Western Reserve University.
Paul Buchheit is a founder of FriendFeed, which was recently aquired by Facebook, and also an active angel investor. He was also one of the first engineers at Google, where he started Gmail, suggested the "Don't be evil" motto, and created the first AdSense prototype. Paul has a degree in Computer Science from Case Western Reserve University.