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:
“The history of this country was made largely by people who wanted to be left alone. Those who could not thrive when left to themselves never felt at ease in America.”
—Eric Hoffer (1902–1983)
“I believe that history might be, and ought to be, taught in a new fashion so as to make the meaning of it as a process of evolution intelligible to the young.”
—Thomas Henry Huxley (1825–95)
“the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.”
—Charlie Dunbar Broad (1887–1971)