Over 3000 startups
apply to Y Combinator's
summer 2014 batch
Accepted into Y Combinator (<3%)
Each batch, Y Combinator typically funds 60-80 startups - fewer than 3% of applications are accepted. Startups make rapid progress on developing their product and selling to customers over the three months of the program.
How good is the product? We use it.
We invest in founders who prove they can execute on product design. We spend an unreasonable amount of time using the product and giving detailed feedback to the founders. This helps us... and them.
What do customers say?
When we sense good execution, but we're not the target customer, we find the startup potential customers. We learn, first-hand, how useful the product is at solving their problems. Win-win!
How fast do the founders move?
Great founders launch the simplest valuable thing that "mostly works", and then rapidly iterate to increase its utility. The speed at which they do so is an important predictor of success, and we measure it carefully.
Is the traction sustainable?
We look at the fundamentals behind traction numbers. Were they driven by short-term tactics just to impress an audience? Or are they real and sustainable?
Who else is investing?
We only invest in startups that have at least one other investor. Otherwise, we'll place funds in escrow contingent upon others matching the dollar amount within 60 days.
What drives the founders?
We invite founders to private dinners and learn what makes them tick. We prefer missionaries over mercenaries; those who feel an intense pain to fix a problem. Those who don't quit when times get tough.
What does our data say?
For startups that list on Wefunder, we have a wealth of data such as page views, time spent on profile, investment commitments, velocity of fundraise, and social media reach.
Final 20 Startups Chosen
Orange Fund I
Our portfolio includes: