Y Combinator, a leading seed investment incubator, recently announced that it would be accepting startup applications for this years fund from startup founders WITHOUT an idea.
Here’s how the incubator describes itself on its website:
Y Combinator does seed funding for startups. Seed funding is the earliest stage of venture funding. It pays your expenses while you’re getting started.
Some companies may need no more than seed funding. Others will go through several rounds. There is no right answer. How much funding you need depends on the kind of company you start.
To read the full, original article click on this link: Y Combinator: Investors should back the jockey not the horse | memeburn
