Y Combinator Is Launching a “Grad School” for Booming Startups

Since 2005, Y Combinator has been assisting entrepreneurs with the earliest stages of turning a raw idea into something useful. The Mountain View, California-based accelerator makes a modest seed investment (now typically $120,000) in return for a small stake (7%) in a brand new company.

Source: Y Combinator Is Launching a “Grad School” for Booming Startups