![]() ![]() ![]() In addition to the scheduled programming, founders also made time for informal meet ups and traded tips on what unofficial events they should attend. ![]() "Honestly, even if YC didn't have an in person element, I probably would have come to SF if I knew a lot of founders were going," said Akash Mandavilli, the cofounder of the AI sales platform Zenfetch. "In-person beats everything over Zoom - you build a much closer bond," said Alex Lee, CEO and cofounder of the AI startup Truewind, who is based in San Francisco. Y Combinator also upped its in-person programming for this batch, kicking off with a Bay Area retreat and then hosting weekly events like happy hours, smaller section dinners, and meetups with successful YC alumni.Īnd founders who made the journey to participate in person said that it made a world of difference in their experience. While the summer 2022 batch was technically the first batch to return to a hybrid model, only 53% of startups in that cohort were in San Francisco or chose to relocate to the city. Here are their top three takeaways San Francisco is a hub for startups once again, and it pays to be thereĪ majority of YC founders were based or came to San Francisco for the three month accelerator this year, marking the biggest jump for a batch since the pandemic began. Insider spoke with the founders of four AI startups that went through this latest batch and asked them to share what they learned most from the experience. Part of the program's appeal is its exclusivity - out of the 20,000 startups that apply for each batch, only 1% to 2% are accepted. And after three years of batches that were primarily remote-first, the recent winter batch had significantly more in-person elements than the last few cohorts - 86% of the batch was based where the program typically takes place at its headquarters in San Francisco, according to Y Combinator.ĭuring the intense three month program, which ran from January through the first week of April, founders built out their core products, met regularly with their group partners, advisors and industry leaders, and accepted YC's standard deal of venture funding to grow their businesses. And they also said it was a huge benefit and made a difference being in San Francisco.įor its winter 2023 cohort, Y Combinator accepted founders from 282 startups for its coveted startup accelerator program. ![]()
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