Y Combinator

In 2005, Y Combinator developed a new model of startup funding.

Twice a year we invest a small amount of money ($14-20k + an

$80k note) in a

large number of startups (most recently 46). The startups move to

Silicon Valley for 3 months, during which we work intensively with

them to get the company into the best possible shape and

refine their pitch to investors. Each cycle culminates in

Demo Day,

when the startups present to a large audience of investors.

But YC doesn’t end on Demo Day. We and the YC alumni network

continue to help founders for the life of their company, and beyond.

via Y Combinator.


Confusion Over Where Money Lent on Kiva Goes – NYTimes.com


Last month, David Roodman, a research fellow at the Center for Global Development, pressed a button on his laptop as his bus left the Lincoln Tunnel in Manhattan and started a debate that has people re-examining the country’s latest celebrated charity, Kiva.org.

Confusion Over Where Money Lent on Kiva Goes – NYTimes.com