Timeline of Y Combinator
This is a timeline of Y Combinator, an American seed accelerator.
|Time period||Development summary||More details|
|Year||Month and date||Event type||Details|
|2005||March 1||Y Combinator is founded by Paul Graham, Jessica Livingston, Trevor Blackwell and Robert Tappan Morris..|
|2009||January||Y Combinator announces that the Cambridge program would be closed and all future programs would take place in Silicon Valley.|
|2010||Early year||"In early 2010, Harj Taggar joined as an advisor"|
|2010||September||Alexis Ohanian joins Y Combinator.|
|2010||November||Y Combinator announces two new partners: American entrepreneur Paul Buchheit, and Harj Taggar, a former participant in the YC program hired to help advise startups.|
|2011||January||Yuri Milner starts automatically backing all Y Combinator companies, with each start-up receiving US$150,000 from Milner and investor Ron Conway.|
|2011||January||Garry Tan joins Y Combinator, first as designer-in-residence and later as partner.|
|2011||Aaron Iba joins as a partner.|
|2013||September||Paul Graham announces Y Combinator would fund nonprofit organizations accepted into its program after having tested the concept with Watsi (while continuing to fund mostly for-profit startups).|
|2013||October||Y Combinator opens a satellite office in San Francisco.|
|2014||February||Paul Graham announces Sam Altman would take over as President of Y Combinator.|
|2014||April 22||"We have a new standard deal at YC—we’ll invest $120k for 7%. While we may deviate from this in exceptional cases, it will still be the case for almost all of the companies we fund."|
|2015||May||Taggar leaves Y Combinator.|
|2015||July||Y Combinator introduces the YC Fellowship Program aimed at companies at an earlier stage than the main program.|
|2015||August 26||Fortune calls Y Combinator "a spawning ground for emerging tech giants".|
|2015||October||Y Combinator introduces the YC Continuity Fund. The fund allows Y Combinator to make pro rata investments in their alumni companies with valuations under US$300 million. Y Combinator also considers leading or participating in later stage growth financing rounds for YC companies.|
|2015||October||YC introduces YC Research to fund long-term fundamental research. YC President Sam Altman donates US$ 10million.|
|2015||October||Nonprofit research lab YC Research is announced. Researchers would be paid as full-time employees and be able to receive equity in Y Combinator.|
|2015||November||Garry Tan leaves Y Combinator.|
|2016||January||Y Combinator announces version 2 of the program, with participating companies receiving US$ 20,000 investment for a 1.5% equity stake. The equity stake is structured as a convertible security that only converts into shares if a company has an IPO, or a funding event or acquisition that values the company at US$ 100 million or more.|
|2016||January||A second study on basic income.|
|2016||August 11||Y Combinator announces that YC partners would be visiting 11 countries during the fall to meet with founders and learn more about how they can be helpful to international startup communities. These 11 countries are Nigeria, Denmark, Portugal, Sweden, Germany, Russia, Argentina, Chile, Mexico, Israel, and India.|
|2016||September||"Sam Altman announced that the fellowship will be discontinued."|
|2017||Y Combinator announces Startup School.|
|2017||Australian quantum physicist Michael Nielsen becomes research fellow at YC Research.|
|2017||June||Recognition||Forbes ranks YC one of two "Platinum Plus Tier U.S. Accelerators".|
|2017||June 16||1,584 companies complete Y Combinator’s online Startup School Founders Track program, a figure out of 2,820 startups accepted from the 13,321 companies that applied to Y Combinator’s 10-week program of one-on-one mentorship from past YC startup founders, virtual office hours with a group of fellow students, and an online lecture series.|
|2018||July 18||Y Combinator announces a new batch of startup school.|
|2018||September 28||Y Combinator announces it will increase the size of its investments to US$ 150,000 for 7 percent equity starting with its winter 2019 batch.|
|2019||March||It is reported that Y Combinator would be moving headquarters to San Francisco.|
|2019||May 20||Y Combinator announces Geoff Ralston as new President of YC. Meanwhile, Sam Altman would be transitioning to Chairman to spend more time focusing on Open AI.|
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- Graham, Paul (March 15, 2012). "How Y Combinator Started". Y Combinator. Retrieved 18 June 2019.
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- Graham, Paul (January 2009). "California Year-Round". Y Combinator. Retrieved 18 June 2019.
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- Former YC Partner Harj Taggar Is Building The New Technical Hiring Pipeline With TripleByte (May 7, 2015), Kim-Mai Cutler, TechCrunch
- Loizos, Connie. "Garry Tan Says Goodbye to Y Combinator". techcrunch.com. Retrieved 18 June 2019.
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- Rao, Leena (2015-08-26). "Meet Y Combinator's New COO". Fortune. Retrieved 2016-02-08.
- Altman, Sam (October 15, 2015). "YC Continuity". Y Combinator. Retrieved 18 June 2019.
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- "Fellowship V2". Y Combinator Posthaven. Retrieved 18 June 2016.
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- Manalac, Kat. "YC Office Hours in 11 Countries This Fall". Y Combinator Posthaven. Retrieved 18 June 2019.
- Modgil, Shweta. "YCombinator Is Coming To India This September; Here's Why You Should Be Excited". Inc 42. Retrieved 18 June 2019.
- "1500+ startups graduate Y Combinator's first online Startup School". TechCrunch. Retrieved 18 June 2019.
- "Michael Nielsen". michaelnielsen.org. Retrieved 18 June 2019.
- "The Best Startup Accelerators Of 2017". Forbes.
- Constine, Josh. "1500+ startups graduate Y Combinator's first online Startup School". techcrunch.com. Retrieved 19 June 2019.
- "Announcing Startup School 2018". blog.ycombinator.com. Retrieved 19 June 2019.
- Clark, Kate. "Y Combinator is changing up the way it invests". techcrunch.com. Retrieved 19 June 2019.
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- Kawamoto, Dawn (March 11, 2019). "Venture capital powerhouse is latest Silicon Valley firm to open San Francisco office". www.bizjournals.com. San Francisco Business Times. Retrieved 18 June 2019.
- Altman, Sam. "Geoff Ralston for President". Y Combinator. Retrieved 18 June 2019.
- Combinator, Y. "Updates from YC". Y Combinator. Retrieved 2019-03-11.
- "Y Combinator president Sam Altman steps down to focus on OpenAI". VentureBeat. 2019-03-08. Retrieved 2019-05-27.