Incubator Y Combinator held its Demo Day Tuesday for a massive new batch of 63 companies start-ups to pitch to investors.
Y Combinator has become a popular incubator for new entrepreneurs, so the event was packed with venture capitalists and angel investors. All of the presenting companies are raising new financing, says Paul Graham, cofounder of Y Combinator. In the past, the incubator held a preview event for angel investors to get a glimpse of the companies. But Graham dropped that because there are now so many angel investors and because it was distracting for entrepreneurs to be raising funding while going through the program.
To read the full, original article click on this link: Incubator Y Combinator Launches 63 New Companies - Forbes
Author:Tomio Geron
