Y Combinator graduates received over $ 1 billion

Co-founder of the business accelerator Y Combinator Paul Graham tweeted that 380 companies that passed through YC , received 1,048,274,000 dollars. Y Combinator , which was launched in 2005, holds two three-month funding cycles per year, during which they work with the founders and help them find investors.

According to TechCrunch , it turns out that, on average, a company attracts more than $ 2,759,000 through Y Combinator . However, companies receive far different amounts. The two most notable Y Combinator graduates - Dropbox ($ 257 million) and Airbnb ($ 120 million) - account for almost 36% of the total funding.

Considering other well-funded companies, such as Scribd ($ 25.8 million), Disqus ($ 10.5 million) and Posterous ($ 10.1 million), the total amount for the remaining 375 graduates remains somewhat less, although still impressive : 624.9 million dollars.
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In April, Forbes magazine estimated the total cost of Y Combinator graduates at $ 7.78 billion.