Tag: y combinator

Well that was fast: Y Combinator alum Embed acquired by FTX

It’s like it was yesterday. When I first started covering a promising young Y Combinator alum startup out of Vancouver, WA. Then they were raising even more money. And now, Embed has already been acquired.

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RIP Good Times 2.0: Y Combinator offers startups advice on market downturn

If “RIP Good Times” doesn’t ring a bell, it’s probably because we’ve been on a decade-plus upswing since Sequoia Capital shared that presentation with portfolio companies — and the then relatively nascent SaaS and Cloud world — as the mortgage crisis began to wreak havoc on the economy. Now, similarly timed guidance has been released by (aptly) Y Combinator, the startup accelerator and investor that has risen to Sequoia-esque prominence during this era of startup activity.

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Time to apply: Y Combinator applications are currently open; two other startup accelerator programs open for submissions soon

While they’re not for everybody, startup accelerator programs can be an important support mechanism for founders, providing them with the mentorship and support they need as they work to build their businesses. And when it comes to programs like Y Combinator, it can mean a whole lot more financial support, these days. So with that in mind, here are three accelerator programs worth considering that have either an open application period or that will in the next few weeks.

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Former Simple exec and Seed cofounder to head up innovation at Lincoln Savings Bank

We don’t make a big deal of it, but Oregon punches above its weight for innovative fintech expertise. From the Simple diaspora to current players like Bumped, Expensify, and Sila, there are a lot of local folks rethinking finance and the infrastructure that runs it. And it’s always nice when other regions recognize how compelling that talent is. Like Lincoln Savings Bank which has recently hired former Simple exec and Seed cofounder Ryan Hildebrand to head up innovation.

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Not so incognito? Folks notice Y Combinator alum Cognito making Sisters, Oregon, its HQ

We’ve all gotten pretty used to the pandemic exodus stories of companies, venture capitalists, and the Internet famous choosing to leave the Bay Area for towns like Atlanta, Austin, Madison, and Miami. But in the spirit of doing things that don’t scale, Y Combinator alum Cognito has bucked that trend by deciding to relocate its headquarters from Palo Alto to Sisters, Oregon.

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Portland’s Sellwood neighborhood is now helping kids be more Brave

Speaking of Oregon Y Combinator alums… a recent YC alum is expanding their service area — and physical footprint — here in Portland by opening a second location for their pediatric care offerings. That’s right. Brave Care has a location in Sellwood, now.

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Which eight startups from Oregon are among the 1000+ Y Combinator alums?

What do you do when you have insomnia? Well, of course you… What’s that? Oh. Wait what? Oh yeah. That’s a good idea. Damn. But I meant that you could also… Huh? Oh. Oh man. Yeah. That’s super solid. Truly. Shoot. I totally should have thought of that. What I meant to say was — maybe I should rephrase — what do I do when I have insomnia? That’s right. I spend time sifting through the new Y Combinator alum database to figure out which Oregon companies have been through the most preeminent of startup accelerator programs. Duh.

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Doing things differently: Portland startup Brave Care balances tradition and innovation… on a variety of fronts

It’s no secret that I’m a fan of Darius Monsef. And a lot of that is because I’ve been lucky to watch his efforts and growth over a dozen years or so. And with him now on the third Portland startup that he’s cofounded, I continue to be impressed with the maturity and perspective his significant startup experience — both within Portland and beyond — has wrought.

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On fire: Bend smart candle startup LuDela selected for Techstars

In the world of startup accelerators, there are two juggernauts: Y Combinator and Techstars. So I’m always happy to hear when a local company makes it into one of those programs. Especially when it’s the original Techstars in Boulder, which — at least in my mind — carries with it an additional prestige. And that’s where Bend startup LuDela will be spending a three-month stint.

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Are you a Portland area startup going through YC Startup School?

In case you missed it, yesterday was one of those rare Oprah-giving-everyone-a-car sort of days in the early stage startup world. You see, Y Combinator—the most successful startup accelerator in the world—had a glitch that caused them to send acceptance letters to applicants for their Startup School program. And it wasn’t just a handful of folks. Estimates are that it was around 15,000 applicants.

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