To fund Y Combinator’s top startups, VCs scoop them before Demo Day

Meet the startups that raised venture capital, or got acquired, before Demo Day.

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Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

In this week’s newsletter: The college admissions scandal engulfs TPG, Accel raises $2.5B for three funds and investing app Stash brings in $65M.

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OpenAI shifts from nonprofit to ‘capped-profit’ to attract capital

OpenAI may not be so open going forward. The former nonprofit announced today that it is restructuring as a “capped-profit” company that cuts returns from investments past a certain point. But some worry that this move — or rather the way they made it — may result in making the innovative company no different from the other AI startups out there.

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Did Sam Altman make YC better or worse?

Y Combinator revealed yesterday that its president, Sam Altman, is stepping down from his role to become the accelerator program’s chairman. This change, said YC, will allow Altman to “spend more time focusing on OpenAI,” the San Francisco-based nonprofit that was cofounded by Altman and Elon Musk three years ago to get ahead of the […]

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Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

In this week’s startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.

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Startups Weekly: Is Y Combinator’s latest cohort too big?

Plus, e-scooter subscription services are a thing now, the Vision Fund is betting big on autonomous delivery and Facebook almost bought Unity.

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The definitive Patreon reading guide

At nearly six years old, Patreon has gone from startup to king of membership. Now an established leader in an industry that’s been flipped on its head, Patreon’s path has been anything but predictable — peppered with its share of milestones, mishaps, pivots, champions, and critics — and offers invaluable insights for founders, investors, creatives, or […]

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Startups Weekly: Even Gwyneth Paltrow had a hard time raising VC

This week in startups: Celebrities mingle with VCs at the Upfront Summit, Pinterest preps banks for IPO and Sam Altman has a grand new idea.

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Will MBS’s money ever become radioactive?

Connie Loizos Contributor More posts by this contributor Divvy, an interesting new fractional home ownership startup, just raised a Series A round led by Andreessen Horowitz Forerunner Ventures just closed a $360 million fund, tripling the size of its last effort Yesterday, a Saudi news outlet broke the news that such Silicon Valley big wheels […]

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Y Combinator is changing up the way it invests

To keep up with the growing sizes of early-stage funding rounds, Y Combinator announced this morning that it will increase the size of its investments to $150,000 for 7 percent equity starting with its winter 2019 batch. Based in Mountain View, Calif., YC funds and mentors hundreds of startups per year through its 12-week program that […]

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Y Combinator is launching a startup program in China

U.S. accelerator Y Combinator is expanding to China after it announced the hiring of former Microsoft and Baidu executive Qi Lu who will develop a standalone startup program that runs on Chinese soil. Shanghai-born Lu spent 11 years with Yahoo and eight years with Microsoft before a short spell with Baidu, where he was COO and […]

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