Y Combinator

Y Combinator Warns Investors: Sexually Harass Founders, We ‘Will Not Continue to Work With You’

Ms. Livingston. (Wikipedia)

With Y Combinator’s biannual Demo Day coming up on August 19, the startup accelerator has a pressing matter on its mind: preventing sexual harassment between investors and founders.

In a blog post titled “A Reminder to Investors” published earlier this afternoon, founding partner Jessica Livingston warned that “inappropriate sexual or romantic behavior from investors toward founders” would lead to Y Combinator “not [continuing] to work with you.” Read More

Adventures in Venture Capital

Let GitHub Sort Unicorn Investors From the Real Deal

Peter Thiel (Photo via Wikimedia Commons)

Venture capital returns follow the power law, according to Peter Thiel.  He’s right. Look at your favorite venture capitalist, then look at her exits. You may see many names you know, but start to break down for how much each one sold or how much they are valued. You’ll see just one or two big wins swamp the rest.

Peter Thiel himself made almost all of his startup returns from Facebook, not directly from his years at PayPal. Even the venerable Y Combinator sees almost all future profits deriving from just two companies: AirBnB and DropBox. Read More

Linkages

Booting Up: Hulu Is Close to Picking Its Second New CEO In a Year

Not the new CEO. (Photo: Hulu)

Hulu is close to selecting 21st Century Fox exec Mike Hopkins as its new supreme leader. [AllThingsD]

“Investors are showing increasing hunger for initial public offerings of unprofitable technology companies,” because that doesn’t sound like a sign of a bubble or anything. [Wall Street Journal]

The Google TV brand is being eliminated. [The Verge]

Y Combinator is opening a San Francisco outpost. [TechCrunch]

For the twentieth time this year, Facebook is screwing with your privacy settings. [Business Insider]

Linkages

Booting Up: Does Your Smart TV Work? Have You Tried Connecting It to the Internet?

Why won't it work?! (Photo: Rob Bateman, www.nukomp.com, via Flickr)

Twice as many households have “smart tvs” as streaming devices–but only 69 percent of them are actually connected to the Internet. Grandparents! [GigaOm]

“When I got here, I was very emotionally touched by all the great companies in this area….These were all the companies I had heard of since I was a kid. I felt like I should be here. Like I belong.” [New York Times]

Here is how you remove tagged Instagram posts from your profile. [Wired]

Earlier this year, Mt. Gox and CoinLab teamed up in a partnership to reach the American market more efficiently. Now CoinLab is suing for $75 million in damages. [Gawker]

Do you trust your friends enough to give them the extra set of keys to your Facebook account? [L.A. Times]

Visiting Dignitaries

YC-Backed Hipset Launches YouTube Network to Help Clients Like Tyga, Soulja Boy, and Rob Zombie Make Money Off YouTube

Screen Shot 2013-04-09 at 11.24.29 AM

At this point, it seems fair to say that celebrity-associated tech startups occupy their own stratum of Startupland. There’s the celebrity-backed startup, benefitting from the digital ambitions of investors like Scooter Braun, Ashton Kutcher, and Lady Gaga. Then there’s the celebrity “cofounded” company (see: half the startups in Los Angeles). There’s even startups that help brands harness the buying power of, say, Team Breezy.

Coming soon: a celebrity-backed venture capital fund, with a hashtag in the title, of course. Read More

Teach Me How to Startup

Hot New Startup Trend: Trying to Make Money

Screen shot 2013-03-27 at 10.10.46 AM

Yesterday, Y Combinator (Silicon Valley’s ur-accelerator) hosted its biannual Demo Day at the Computer History Museum in Mountain View.

As cofounder Paul Graham announced last fall, YC downsized both the number of startups and the size of the investment in this current class. And fears that the accelerator bubble is about to pop were not lost on the 47 startups who presented, nor the 500 or so investors in attendance. Read More

Teach Me How to Startup

Since There Are Incubators Everywhere Else, Why Not Put One in a California Prison?

San Quentin. (Photo: Wikipedia)

So the tech world likes incubators. Indeed, even as new players enter the field, there are signs that the incubator model is bursting at the seams. Y Combinator downsized to less than 50 companies in its most recent class, from 84 last summer. When 500 Startups decided to establish a base in New York, it opted for a coworking space instead of an incubator. TechStars keeps growing, but its most recently announced additions have been abroad or in more narrowly-defined niches. Read More

In Hindsight

The Best of Betabeat: A 2012 Retrospective

BETA BEAT Celebrates The Pitch Series

As 2011 came to a close, we looked back at our most popular posts. But this year, we’re a little older (a mature year and nine months!), a lot wiser, and thought we’d try something a little different. Thank you for reading!

LONGREADS

Ultra-Orthodox Jews Take a Hard Line on the Internet at Rally of 40,000 Men (And Me) In which our intrepid reporter sneaks into Citi Field in drag. 

Faith, Hope, and Singularity: Entering the Matrix with New York’s Futurist Set It’s the end of the world as we know it, and they feel fine. Read More