The world knows of Dropbox, which is estimated to be a $ 5 billion company but few know that its genesis happened at Y Combinator, an incubator of start-ups which also nurtured the $1. 3 billion Airbnb.
“Y Combinator has become the central place to see where the next huge companies will be born and this makes it tremendously exciting to be a part of,” says Harj Taggar, 29, who is part of the core team at Y Combinator.
Since 2005 Y combinator has funded over 380 startups, including Reddit, Scribd, Disqus, Dropbox, ZumoDrive, Justin.tv, Posterous, Airbnb, Heyzap, Cloudkick, DailyBooth, WePay, Bump, Stripe, AeroFS, and Hipmunk.It has been called the most prestigious program for budding entrepreneurs and has created an entirely new method of funding early stage startups.