An estimated 4.5% of startups that emerged from Y Combinator's accelerator program since 2010 have achieved unicorn status with over $1B valuation, per Pitchbook. Y Combinator's unicorn creation rate is higher than other top accelerators, such as Techstars, MassChallenge, 500 Global, and SOSV. Between 2010 and 2015, roughly 5.4% of all startups emerging from its accelerator programs cemented their status as unicorns. - The figure dropped to 3.4% for startups in the 2016 to 2020 cohorts.
- Y Combinator's portfolio startups have also raised more cumulative capital than startups that went through other accelerator programs.
- Startups emerging from its cohort between 2010 to 2022 secured around $80.9B in funding through subsequent funding rounds.
- Founded in 2005, Y Combinator became known for its early bets in companies like Airbnb and Reddit.
- Due to the economic downturn, Y Combinator cut its summer cohort size by 40%.
- Additionally, it shut down its late-stage growth program and laid off 20% of its staff.
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