If one were to rank startup accelerator programs like one does colleges, Y Combinator (known as “YC”) is about as Ivy League as it gets.
YC offers a twelve week program to very early-stage ventures, providing founders with capital (currently $150,000) in exchange for a chunk of equity (currently about 7 percent). It all culminates on Demo Day, or, more recently, “days:” part graduation ceremony and part high pressure show-and-tell where founders pitch to an assembly of investors to secure capital to fund their next stage of growth.
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