The Ledger
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Y Combinator will expand funding into biotech, aerospace, and nuclear power
“Over the last year or two, we've expanded the kinds of companies we fund, you know, we're doing, we funded aerospace companies and nuclear power companies and biotech, and I think we'll continue to expand that universe as sort of the cycles of software continu…”
YC does not try to control portfolio company valuations post-Demo Day
“I don't think we expressly think about, hey, we want to keep this valuation level or that valuation level. I think we just want to make sure that companies are setting the groundwork to build long-term businesses.”
A massive fintech company will be built in underlying infrastructure
“I work a lot with fintech companies and I'll tell you the thing that I want to fund right now. I think it's one of these things where there's just not nearly enough innovation happening except on the customer acquisition side. And I think that someone is going…”
YC Tuesday dinners are the only mandatory event for founders
“And so the way YC is structured is that during the course of the three month program, every Tuesday night we have a dinner where we have a guest speaker and people like Mark Zuckerberg or Brian Chesky Really inspirational founders who have done really cool thi…”