3min chapter

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The humble beginnings of YCombinator

Rocketship.fm

CHAPTER

The Rise and Fall of Y-Combinator

Y-combinator gave $120,000 to every startup in exchange for 7% of the companies that it funded. Now nearly 10 years old, this network was quite strong. YC Research is a program where researchers were paid as full-time employees. In 2016, YC Research announced a study that would be centered around basic income.

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