Tagged: y combinator

Crowdfunding startups dominate Y Combinator Demo Day

If you cringe when you hear a company described as “Kickstarter for” this industry or that genre, yesterday’s Y Combinator Demo Day was probably not for you. As happens twice a year, a Who’s Who of A-list (and B- and C-list) venture capitalists and angel… Read More

Payment Startup Celery Targets Successful Kickstarter Projects

Celery has launched a payment tool that allows anyone to take pre-orders for a product they plan on creating. Credit cards are not charged until the product is ready to ship. You can see an example page here. According to their web site, Celery is… Read More

Y Combinator Backed Microryza is a Kickstarter for Science

Do you want to know whether cannibalism existed amongst Tyrannosaurus Rexes or whetherspecific viruses contribute to lung cancer risk? Better yet, do you want to be part of making this research happen faster? A Y Combinator-backed startup called Microryza is positioning itself as a “Kickstarter” for science research. The… Read More

The Rise of the Heartland

The common wisdom says that the American heartland is finished after a disastrous series of economic decisions outsourcing the manufacture of America’s physical goods. The pundits say the American dream is dead and this next decade will see the further decline. It may be that… Read More

Nonprofit Startups Are Just Like Their Counterparts

What’s different about building a successful for-profit and nonprofit startup? Not much, according to Paul Graham, founder of Y Combinator, an elite accelerator program in Mountain View, Calif., that accepted a nonprofit for the first time this month, Watsi.org. “You could never tell there was… Read More

Medical Crowdfunding Site Watsi Becomes Y Combinator’s First Nonprofit

The closely watched startup program Y Combinator said today it was backing peer-to-peer medical funding site Watsi, its first nonprofit investment after eight years and hundreds of startups. “I’ve never been so excited about anything we’ve funded,” Y Combinator chief Paul Graham wrote in a post about Watsi today. Watsi… Read More

Start With Family, Incubators and Crowdfunding Sites

One of the very first hurdles that a new entrepreneur faces is how to find the initial capital necessary to fund the process of building a company. Most entrepreneurs begin using their own money for the initial costs. Eventually, however, the time comes that it no longer… Read More

Proving The Value Of Crowdfunding Soldsie Raises $425,000

Online venture capital firm FundersClub is pioneering equity crowdfunding, and today demonstrated the value of bringing on dozens of investors rather than a handful. Ecommerce startup Soldsie just raised $425,00 from 72 investors through FundersClub, and ended up hiring one. New Chief Scientist Yun-Fang Juan, a founding engineer of Facebook’s ads… Read More

To Turn The Crowd Into Venture Capitalists, FundersClub Raises $6M Seed Round — Biggest In YC History

If you need more proof that FundersClub wants to radically change startup funding by letting non-VCs invest, it just closed a $6 million seed round, the largest ever from a Y Combinator company. There are still questions about its legality, but investors include A-listers YC, First Round, Chris Dixon,… Read More

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