Y Combinator News

Groupon co-founder and former CEO Andrew Mason is moving to San Francisco to start a new company and will also become a part-time partner at Y Combinator, the famed incubator program that has funded hundreds of startups, including meghits like Airbnb, Dropbox and Scribd.

Nothing beats seeing your significant other's name pop up on your phone, whether it be from a text message or phone call.

That's what Jason Freedman and his team at FlightCaster had to do when their startup hit the skids.

Eleven-month-old startup Coinbase announced Tuesday the largest funding round to date for a Bitcoin startup, a $5 million investment led by Union Square Ventures .

San Francisco-based startup Chute announced Tuesday it raised a $7 million Series A round of funding led by Foundry Group , with existing investors Freestyle Capital and U.S. Venture Partners also participating.

FORTUNE Just a few years ago, it would have taken a corporate empire to design, build, and market a hardware game-changer like Apple's iPhone.

Back in 2010, my startup FlightCaster had hit some serious obstacles and we needed to pivot.

Y Combinator has an acceptance rate similar to that of an Ivy League school, and a track record for producing billion-dollar startups.

Paul Graham of Y Combinator writes, " In a sense there's just one mistake that kills startups: not making something users want.

Y Combinator founder Paul Graham is among the investors in the Start Fund , a new investment vehicle for ImagineK12 accelerator graduates.

Ed-tech accelerator Imagine K12 announced that it will increase its initial funding for startups from $20,000 to $100,000. This additional funding is available from the newly established "Start Fund," backed by Y Combinator founder Paul Graham, Yahoo! co-founder David Filo, Angela Filo, LinkedIn CEO Jeff Weiner, NewSchools Venture Fund, and GSV ... (more)