Y Combinator's next batch of startups will get a bigger up-front investment, but the funding won't include any of the venture capital money that may have created problems for some of the entrepreneurs in the incubator program. YC President Sam Altman told me this morning that the new deal structure will give every startup accepted into the accelerator $120,000. YC gets a 7 percent stake in each company for that investment
Image: David Paul Morris/Bloomberg Y Combinator President Sam Altman announced a new funding package startups in the accelerator. They will get $120,000 in exchange for a 7 percent stake in their company, but there will be no VC money involved which is a break from past practice.
