- Y Combinator (YC) funds all categories of startups, including bio startups and those with millions in revenue
- YC funds startups at different stages, including those with just an idea
- YC acknowledges making mistakes and often funds companies they previously rejected
- Rejection is a common part of the startup journey
- YC will only fund startups if they believe YC can be helpful for them

The YC W22 application deadline is quickly approaching! Apply by September 8: http://ycombinator.com/apply.

A common question we get from founders is whether or not YC is right for their startup -- here's YC's Head of Admissions, Stephanie Simon's, advice.

Y Combinator is a startup accelerator that provides seed funding for startups. We've backed companies like Airbnb, Coinbase, DoorDash, Reddit, Inc. Razorpay and more.

There are a lot of often conflicting beliefs about who YC is for.

When people actually look at the data, though, they find that we fund all of the categories that there are usually doubts about.

For example, we're the world's largest bio accelerator.

We've funded over 400 bio startups to date.

We fund startups with millions of dollars in annual revenue like MessageBird who made 20 million dollars the year before they applied to YC.

Over a quarter of the Summer 21 batch hadn't launched when they applied.

It can be scary to submit your startup to be assessed.

But remember that we may reject you and be wrong.

We fund companies that we previously rejected a lot.

60% of the summer 21 batch had applied previously.

Second, rejection is part of all successful startups paths.

And third, we won't fund you if we don't think YC will be helpful for you.


Speaker 0: There are a lot of often conflicting beliefs about who YC is for. When people actually look at the data, though, they find that we fund all of the categories that there are usually doubts about. For example, we're the world's largest bio accelerator. We've funded over 400 bio startups to date. We fund startups with millions of dollars in annual revenue like MessageBird who made 20 million dollars the year before they applied to YC.

We fund companies with just an idea. Over a quarter of the Summer 21 batch hadn't launched when they applied. It can be scary to submit your startup to be assessed. But remember that we may reject you and be wrong. We make mistakes all the time.

We fund companies that we previously rejected a lot. 60% of the summer 21 batch had applied previously. Second, rejection is part of all successful startups paths. And third, we won't fund you if we don't think YC will be helpful for you.

See all Y Combinator transcripts on Youtube

Is YC right for my startup?