All posts tagged: Y Combinator

What’s It Like To Be A Nonprofit At Y Combinator, Founder Of Zidisha Tells Her Story

Y Combinator (YC), which is often thought of as the most prestigious and sought after tech incubator in the world has started to accept nonprofits into their program. The very first nonprofit to be included in YC was Watsi in 2013. In their latest batch (YC Winter 2014), 7 out of 75 startups are nonprofits. It’s really great to see an incubator that’s responsible for the success of many popular tech companies like Reddit, AirBnB, Dropbox and Optimizely to name a few extend its expertise and resources to help nonprofits. Nonprofit founders attend the same program as  tech entrepreneurs. They have to move to the YC office in Mountain View, California for a period of 3 months to focus completely on building the product. YC also provides initial funding to qualifying nonprofits which is in the form of a donation unlike their for-profit startup funding model which is equity based. YC has just closed their applications for the 2014 Summer batch. If you are keen to apply, keep a watch on their site, they will be opening …