History
From its inception to 2008, one program was held in each of the US cities of Cambridge, Massachusetts, and Mountain View, California; in January 2009, Y Combinator announced that henceforth the Cambridge program would be closed and all future programs would take place in Silicon Valley.
In 2009, Y Combinator partnered with Sequoia Capital and angel investors such as Ron Conway, Paul Buchheit and Aydin Senkut to further the support of the young startups with increased funding.
Starting in 2011, Yuri Milner and SV Angel offer every Y Combinator company a $150,000 convertible note investment.
Late that year, in response to widespread support for the Stop Online Piracy Act (SOPA) pending in the U.S. Congress, Graham announced that no representative of any company supporting it would be welcome at Y Combinator's Demo Days, and urged startups the company was already supporting to boycott SOPA supporters as well.
Read more about this topic: Y Combinator (company)
Famous quotes containing the word history:
“American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.”
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“It is true that this man was nothing but an elemental force in motion, directed and rendered more effective by extreme cunning and by a relentless tactical clairvoyance .... Hitler was history in its purest form.”
—Albert Camus (1913–1960)