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Does YC Fund Solo Founders? - Jared Friedman

From Y Combinator · Published Jul 22, 2019 · Watch on YouTube

TL;DR

YC does fund solo founders; at least 10% of companies in each batch are solo-founder companies. The misconception arises from YC's advice that having cofounders is easier, but solo founders are accepted regularly. Dropbox and Zenefits both applied to YC as solo-founder companies and later added cofounders after acceptance.

Key insights

  • At least 10% of YC’s per-batch companies are solo-founder companies.
  • YC’s standard advice—that starting with cofounders is easier—creates a misconception that they do not fund solo founders.
  • Dropbox and Zenefits were both founded by solo founders when they applied to YC; both added cofounders after acceptance.

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