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| 2015 || November || Team || [[w:Paul Graham (computer programmer)|Paul Graham]] writes essay entitled ''{{w|Jessica Livingston}}'', where he claims that "Jessica knows more about the qualities of startup founders than anyone else ever has", and that she "literally made" [[w:Y Combinator (company)|YC]] by curating and nurturing more than anyone YC as a "nexus of people".<ref>{{cite web |title=Jessica Livingston |url=http://paulgraham.com/jessica.html |website=paulgraham.com |accessdate=24 July 2019}}</ref>
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| 2015 || December || Team || {{w|Jessica Livingston}} and {{w|Sam Am Altman}} are announced as financial backers of cofounds {{w|OpenAI}}, a non-profit company aimed at the safe development of {{w|artificial general intelligence}}. He and {{w|Jessica Livingston}} are announced as financial backers of the new company.<ref>{{cite web |url=https://www.forbes.com/sites/theopriestley/2015/12/11/elon-musk-and-peter-thiel-launch-openai-a-non-profit-artificial-intelligence-research-company/ |title=Elon Musk And Peter Thiel Launch OpenAI, A Non-Profit Artificial Intelligence Research Company |first1=Theo |last1=Priestly |date=December 11, 2015 |publisher=''[[Forbes]]'' |access-date=26 July 2019 }}</ref><ref>{{cite web |title=Y Combinator president Sam Altman steps down to focus on OpenAI |url=https://venturebeat.com/2019/03/08/y-combinator-president-sam-altman-steps-down-to-focus-on-openai/ |website=venturebeat.com |accessdate=27 July 2019}}</ref>
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| 2016 || January || Funding program || [[w:Y Combinator (company)|YC]] 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 {{w|convertible security}} that only converts into shares if a company has an [[w:Initial public offering|IPO]], or a funding event or acquisition that values the company at US$ 100 million or more.<ref>{{Cite web|title = Fellowship V2|url = http://blog.ycombinator.com/fellowship-v2|website = Y Combinator Posthaven|access-date = 18 June 2016}}</ref>
