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Micro Seed Funding Emerges Through Y CombinatorY Combinator (YC) is a company founded in 2005 that was created to take advantage of the changing dynamics in the startup world. It was started by Paul Graham and the other cofounders of ViaWeb, a company that sold to Yahoo! for $50 million back in the late 90s. [1] Their philosophy is that new companies, especially those in the internet space, do not need hundreds of thousands of dollars to get off the ground. They also feel that there are a lot of young, but smart college age entrepreneurs who if given the opportunity, could succeed in Silicon Valley when provided the resources of Y Combinator.
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