“YC produces some of the best-in-breed technology teams in the Valley,” said Jeff Tanenbaum of BlueRun Ventures, an attendee of this year’s demo day. “We covet the opportunity to invest in these entrepreneurs in their early stages of growth.”
“Paul Graham has built Y Combinator into the highest volume lead generator for great early-stage technology startups and founders,” said Matt Schlicht, who represents celebrity investors such as Lil Wayne and Pitbull. “Because of the vast number of companies YC analyzes, we pay very close attention to the investment decisions YC makes.”
“Y Combinator alumni are plugged into an incredible network,” said Kathryn Minshew, co-founder of The Daily Muse, a graduate of the most recent YC class. “When we were first fundraising in New York, word got out that we had been accepted into YC, and suddenly everyone wanted in to our round. People who wouldn’t talk to me just 10 days before suddenly changed their minds.”
I’m sure this will end well.