October 10, 2005
Winter Founders Program
The deadline to apply for Y Combinator's Winter Founders Program, which is in Silicon Valley instead of Boston, is Oct. 25.
From the FAQ:
Posted by jjwiseman at October 10, 2005 04:47 PM
How are the first batch of startups doing?
Surprisingly well. Of the eight we funded, four have either closed their next round of funding or seem likely to soon. One has already turned down an acquisition offer. Of the other four groups, three have not sought more funding yet, and the fourth are undergrads who are going back to school this fall and will continue working on their company while there.
Two of the startups have already launched: Reddit and Kiko.
I can't help feeling that the startups are being helped by Paul Graham's reputation capital as well. Kiko frankly is a dissapointment- very unresponsive and even the basic feature set is not fully functional. Contrast this with Planzo which is much better and also has a cleaner UI. Here is where pg's reputation capital kicks in - Marc Hedlund wrote about Kiko in Oreilly Radar, and the Oreilly folks have the ears of the tech investors. We only have Paul's word for the performance of other companies. The only one that operates in full public view is reddit, owing mostly to the user driven nature of the site.