The hackers and engineers of Y Combinator are doing what hackers and engineers do to any industry, they’re efficiently and ruthlessly disrupting the traditional model of venture capital and are going to destroy far more more wealth for their contemporaries than they create for themselves, as broadband did to entertainment, Craigslist did to newspapers, and Amazon did to traditional retailers.
– WordPress founder Matt Mullenweg
Tricia Duryee in Commerce on December 28, 2011 at 6:00 am PT
Priceonomics, a small company that aspires to be the Kelley Blue Book for everything, tells the tale of how it sold four used Aeron chairs to another tech start-up, for a profit of $300.
The problem with true hyper-growth … It’s the problem like baking a cake in three minutes.
— Marc Andreessen, talking about growth at Y Combinator’s Startup School this weekend
There’s a culture out here where people don’t commit to doing things. I feel like a lot of companies built outside of Silicon Valley seem to be focused on a longer-term. You don’t have to move out here to do this.
— Facebook co-founder and CEO Mark Zuckerberg, in an interview this weekend at Y Combinator’s Startup School event, noting that he would have stayed in Boston if he were founding the social networking site all over again.
Liz Gannes in News on October 18, 2011 at 6:00 pm PT
Today, San Francisco-based start-up incubator AngelPad launches the 15 start-ups that comprise its third 10-week-long class.
Kara Swisher in News on October 14, 2011 at 2:30 pm PT
The high-profile venture firm is in for $50,000 per start-up.
What cash crunch?
Liz Gannes in Social on September 8, 2011 at 6:00 am PT
If you’re in New York City or San Francisco, you’ve got some new social options, thanks to an upcoming crop of Web start-ups.
Liz Gannes in News on August 23, 2011 at 12:58 pm PT
The start-up incubator Y Combinator today is pushing out 63 new companies, its largest and most daunting class ever.
Drake Martinet in News on August 16, 2011 at 4:24 pm PT
Dave McClure’s start-up accelerator has now invested in more than 175 companies, and on Tuesday launched another 27 into the world. We’ve got photos and the full list.
Liz Gannes in Social on August 1, 2011 at 11:31 am PT
AngelPad,a San Francisco-based start-up incubator led by former Googlers, will now offer all participating start-ups its usual $20,000, plus a convertible note for a hundred grand from two unnamed but well-known Silicon Valley VC firms.
