Y Combinator is zeroing in on bigger, breakaway companies with a new growth-stage program
Y Combinator famously funds a lot of companies, but there’s always more it could be doing, said its president, Sam Altman, in an interview with TechCrunch this fall. “I do think startups are a super important vehicle to make things happen in the world today and I think we are nowhere near the limit of how many we can help.”
Altman had added that YC is “always slightly broken, because we’re always trying to grow; we’re always trying to do new things.” And while he didn’t offer specifics on what new things YC might try, today, the outfit is taking the wraps off one of those initiatives: a new growth-stage program designed to help both YC companies and non-YC companies figure out how to scale.The idea is partly to address what YC companies have described to YC as a thinning of its network over time, in part becaus...
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