Skip to main content

Y Combinator may go fully remote for its next cohort

Y Combinator said that it may make its Summer 2020 accelerator program entirely virtual, proving that even the world’s premiere accelerator isn’t immune to having its business reshaped by the novel coronavirus spreading across the world.

YC has already made its Demo Day for its Winter 2020 cohort an online only affair. The accelerator also accelerated the timeline for the Demo Day, which will be held tomorrow — a week early.

Y Combinator moves its online Demo Day forward one week

Beyond that, the accelerator said it wanted entrepreneurs to know that the summer batch will take place, and that its online application is open now. 

“Additionally, depending on the circumstances this summer, some or all of the batch may take place remotely over video,” Y Combinator said in a statement.

“This is a unique worldwide crisis, but it will not lessen the extraordinary opportunities for terrific founders to start and build epic companies,” the accelerator wrote. “We look forward to reading all your applications and wish good luck and good health to everyone.”

In the past, Y Combinator had required that all participating startups relocate to the Bay Area — something that many entrepreneurs considered to be a strain on their business. And while the accelerator hasn’t had problems finding strong companies willing to take the leap, the virtual option may enable even more entrepreneurs to reap the benefits of the accelerator’s network of experts and mentorship.

 



from TechCrunch https://ift.tt/2U7vuGC
Labels:

Comments

Post a Comment

Popular posts from this blog

Bill Gates steps down from Microsoft’s board to focus on philanthropy

In an announcement on Friday, Microsoft revealed that company co-founder Bill Gates has decided to step down from his role on its Board of Directors in order to focus on his philanthropic efforts at the Bill & Melinda Gates Foundation. This is Gate’s biggest change to his role at Microsoft since stepping down as company chairman in February 2014. According … Continue reading from SlashGear https://ift.tt/2We90Gu
Post a Comment
Read more

Uber claims top spot in Indian ride-hailing market

Uber facilitated 14 million rides a week in India last year, the American ride-hailing firm said as it claimed the tentpole position in the key overseas market. In a report  (PDF) published on the sidelines of its quarterly earnings Thursday afternoon , Uber said that it commanded over 50% of the ride-hailing market in India — among some other regions — and was the category leader. The publicly listed company cited its internal estimations for the claim, it said. In comparison, Uber handled 11 million rides a week in India in 2018, a spokesperson told TechCrunch. The revelation is especially interesting, since both Uber and its chief local rival Ola have tended to avoid talks about the number of rides they serve in India. In a 2018 blog post , Ola revealed that its platform “moves over two million people every day.” A spokesperson for the Indian startup, which like Uber counts SoftBank as an investor, declined to reveal the new figures, but issued a statement in which it ...
Post a Comment
Read more

Epic is probing an annoying Fortnite bug that causes stuck players

Epic Games has acknowledged reports of a frustrating Fortnite bug that is causing some players to become stuck in place, unable to move their character from the spot where it freezes. This same general issue is also causing issues in which players can move but are unable to access their backpack inventory, leaving them without most of their gear. Epic … Continue reading from SlashGear https://ift.tt/2Qqesmx
Post a Comment
Read more