Twice a yr within the center of Silicon Valley, a small funding company referred to as Y Combinator selects an elite crew of younger marketers from all over the world for 3 months of excessive paintings and guide. Their brand-new - or three-person start-ups are given a doubtless most unlikely problem: to show a uncooked thought right into a manageable enterprise, quickly.
Each YC consultation culminates in a demo day, while traders and enterprise capitalists flock to listen to pitches from the hot graduates. anyone of them may grow to be the following Dropbox (class of 2007, now worth $5 billion) or Airbnb (2009, $1.3 billion).
Randall Stross is the 1st journalist to have fly-on-the-wall entry to Y Combinator. He tells the whole tale of ways Paul Graham all started this extremely specific establishment, the way it chooses between 1000's of aspiring Mark Zuckerbergs, and the way it teaches them to head from idea to profitability in list time.
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