Applications Open for Y Combinator Winter 2024 funding cycle ($500,000 funding)

Startups can apply to Y Combinator for their Winter 2024 investment cycle. It is scheduled for January to March of 2024. We are still accepting applications until the batch begins in early January, even though the deadline for timely applications was October 13.

In person, the batch will take place in San Francisco.

Regarding YC application

Please submit your application online if you would want to apply. October 13 was the cutoff date for applications received on time. Although the deadline has passed, applications are still being accepted until the batch begins.

Those who applied prior to the cutoff date will receive a response by November 17. We will still review applications received beyond the deadline, but we are unable to guarantee a response time.
As soon as you’re prepared to apply, we strongly advise you to do so. Early submissions may be chosen for an early interview since we review applications on a rolling basis. After submitting your application, you can still make updates to it.
If your application shows potential, we will extend an invitation for an interview. From late October to early December, the majority of interviews will take place by video conference. Usually, we make judgments the day of your interview, and we provide each candidate with thorough feedback on decisions.

We don’t wait for the batch to start; we invest in startups as soon as they are accepted.

Concerning the batch

In person, the batch will take place in San Francisco. It begins with an in-person, three-day retreat and continues with weekly meets in San Francisco. Please browse through our FAQs for further details.

We ask notable figures from the startup community to talk during the batch. The creators of Doordash, Airbnb, Stripe, Ginkgo Bioworks, and other firms frequently return to share the behind-the-scenes details of their early successes.

Each business has a personal YC Group Partner who assists with a variety of matters and gets to know them well. As successful startup founders themselves, each YC number Partner has advised hundreds of businesses and works closely with a select number of startups that they individually handpick each batch. During the batch, YC startups meet once a week in a direct Slack channel with their group partner.

Like the house model used by many institutions, each YC batch is actually made up of multiple small, independent startups. As a member of this exclusive group of businesses during YC, you socialize with them every week over dinner and develop both personal and professional ties. A lot of founders form enduring friendships with other founders in their organization.

We introduce founders to people who can assist with any difficulty both during and after the batch. This typically refers to the creators of other YC businesses. Today, The YC alumni group is one of the most influential communities in the world, and its members have a strong dedication to aid one another.

By presenting them to YC’s wide network of investors, we assist companies in raising extra funding towards the conclusion of the batch.

YC lasts for more than three months. Like the YC alumni community, they support founders for the duration of their business and beyond. Continue reading

The Objective

YC’s main objective is to assist startups in becoming truly successful. They are in varying phases of arrival at YC. While some have been in operation for a year or longer, others haven’t even begun to function yet. However, our objective is to assist startups in becoming much better three months later, regardless of where they are at when they first arrive.

Better shape translates into two things for most startups: more possibilities for raising capital and a better product with more consumers.

The intensity of YC is beneficial to startups in every stage. That’s definitely the most appropriate word to characterize the vibe. It’s all startup, all the time for three months. Everyone in your immediate vicinity is interested in seeing your startup flourish, including us, the other entrepreneurs in your batch, alumni, speakers, and investors. It’s difficult to be less than tremendously driven in that environment. And it takes remarkable desire like that to accomplish something as challenging as founding a startup.

For many founders, the 11 weeks before Demo Day marked their most productive time ever. Even if YC doesn’t end after the three-month cycle and the alumni network becomes a more valuable asset, those eleven weeks remain crucial. People cannot be changed into someone they are not, but the correct environment can bring out the best in them. Furthermore, most people are typically shocked by their own abilities because they are far more capable than they believe.

Finance

• Every firm receives a $500,000 standard term investment from YC. We have invested $500k in two different safes:
• In exchange for 7% of your business, we invest $125,000 in a post-money safe (the “$125k safe”).
• We spend $375,000 on an uncapped safe (referred to as the “MFN safe”) that has a Most Favored Nation (“MFN”) provision.

Teams

Startups in the batch are divided into four groups. Group partners oversee each group and provide the founders with individual and group office hours advice. Each group is divided into 12–14 sections, each with 6–10 companies, to give founders a more intimate environment within the broader group.

Application – For more details and to submit an application visit the official website.