#YCOMBINATOR News

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As OpenAI targets Hollywood with Sora, Runway’s CEO is waiting for the $86 billion Goliath with a ‘sling and a stone’

aol.com Cristóbal Valenzuela is no stranger to weird, scary creatures. As cofounder and CEO of Runway, a five-year-old New York City startup that develops AI tools for video, his…

Kids’ clothing and gear is more expensive than ever. Kidsy has a sustainable solution for discounts

techcrunch.com Kids’ clothing and gear is more expensive than ever. Kidsy has a sustainable solution for discounts All parents know that raising kids is expensive. Especially in those…

YC-backed Pelago, a virtual clinic for addiction treatment, raises $58M Series C

techcrunch.com Pelago Health, Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid addictions, said…

ChowNow snaps up YC-backed POS platform Cuboh and is laying off staff

techcrunch.com ChowNow snaps up YC-backed POS platform Cuboh and is laying off staff ChowNow, the online ordering platform and marketing service for local restaurants, acquired Cuboh, a Y…

YC-backed SigmaOS browser turns to AI-powered features for monetization

techcrunch.com Web browsers have realized they are one of the best ways for users to access the present set of AI tools, so they are working on being the first-choice containers for that.…

Fieldguide Raises $30M Series B, Launches AI Platform to Solve CPA Talent Shortage

benzinga.com SAN FRANCISCO, March 26, 2024 (GLOBE NEWSWIRE) -- Fieldguide, the leading AI platform for advisory and audit services, announced today a $30 million Series B funding round…

Elon Musk and Sam Altman founded OpenAI together, but are now at odds in a lawsuit. Here's the history of their working relationship and feud

businessinsider.com OpenAI CEO Sam Altman and Elon Musk Getty Elon Musk helped found OpenAI, but he has frequently criticized it in recent years and is now suing. OpenAI CEO Sam Altman has…

Why Reddit founder made nothing on $6.4 billion IPO

newsweek.com Reddit's journey from a college dorm room idea to a publicly traded entity capped off with a $6.4 billion IPO on Thursday, cementing its place as the newest social media…

Reddit IPO Is a YC Origin Story…Microsoft’s Inflection Deal…IVP in the VC Directory

newcomer.co Hey, it’s Madeline. Let’s get into it. Reddit’s Y Combinator Origins at the Forefront of its Public Debut The mostly-frozen tech IPO market began to show signs of life this…

A unicorn’s CFO on the benefits of company-wide storytelling and how she turned ‘a random assortment of skills’ into a toolkit

aol.com Good morning. Finance chiefs play a critical role in creating company strategy, and a big part of their job is the storytelling of financial data—with the board and…

Y Combinator Is Raising Billions In New Funding

forbes.com As Y Combinator’s latest batch of startups prepare their pitches for the accelerator’s April Demo Day, CEO Garry Tan is busy pitching investors, too — but on YC itself. YC…

Reddit's co-founder is bickering with investors on the company's big IPO day

businessinsider.com Reddit went public Thursday after raising $748 million in its initial IPO. • IPOs are normally a day of celebration for companies. • But Reddit's co-founder took to X to…

Nsave gets $4M to enable people from unstable economies open offshore accounts

techcrunch.com Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has…

Reddit shares soar on first day of public trading

theguardian.com Social media platform Reddit’s (RDDT.N) shares ended their first day of trading in New York up 48%, signaling that investor appetite for initial public offerings of…

Sam Altman's Reddit stake worth over $600 million after first day pop on NYSE

cnbc.com Reddit mascot Snoo is seen on the floor of the New York Stock Exchange (NYSE) as Reddit begins trading in New York on March 21, 2024. OpenAI CEO Sam Altman says he has no…

7 Investors Turned Down $150K Airbnb Investment: That Stake Is Now Worth..

benzinga.com Online short and long-term vacation rental company Airbnb Inc ABNB is one of the most recognizable travel companies today. Years ago, when the company was looking for…

The Reddits

ycombinator.com I met the Reddits before we even started Y Combinator. In fact they were one of the reasons we started it. YC grew out of a talk I gave to the Harvard Computer Society (the…

AirMyne taps geothermal energy to scale direct air carbon capture

techcrunch.com Sometimes insurance isn’t just money. Sometimes it’s equipment. That’s one way to think about direct air capture, a technology which uses machines to pull carbon dioxide…

GPT-5 Preview: What We Know So Far and Release Rumors

tech.co While most of us continue to stand in awe of ChatGPT and its ever evolving capabilities, OpenAI CEO Sam Altman recently appeared less than impressed by his company's current…

Healthcare platform Anima brings Salesforce-like capabilities to clinics, raises $12M

techcrunch.com Globally, healthcare IT systems are groaning under the weight of legacy platforms. Thankfully, there’s a new wave of startups entering the arena: UK startup Anima is a “care…

We need to talk about Apple’s bullying behaviour with its app store

theglobeandmail.com Keldon Bester is the executive director of the Canadian Anti-Monopoly Project and a fellow at the Centre for International Governance Innovation. He has worked as a special…

Ello Named to Fast Company's Annual List of the World's Most Innovative Companies of 2024

benzinga.com SAN FRANCISCO, March 19, 2024 (GLOBE NEWSWIRE) -- Ello, developer of the world's most advanced AI reading app, announced that it has been named to Fast Company's prestigious…

JustPaid Adds Reporting Features to SMB Financial Management Platform

pymnts.com JustPaid has added several accounts receivable (AR) and accounts payable (AP) reporting features to its platform that helps small- to medium-sized businesses (SMBs) manage…

A pre-IPO History of Reddit: From “front page of the internet” to billion-dollar valuation

thestreet.com What a momentous time to be a Redditor. The aptly-named contributors to Reddit, the online bulletin board and social sharing platform, have “first dibs” at company shares…

TigerEye founders build on prior startup experience to create business simulation tool

techcrunch.com TigerEye CEO Tracy Young and her husband and CTO Ralph Gootee helped build their previous startup, PlanGrid, into a $100 million ARR business before selling it to Autodesk…

Molten Ventures leads $12m round into health firm Anima

siliconrepublic.com Anima claims its platform can help care teams reach more patients and has ambitious goals to unify healthcare and life science pipelines into a single platform. Anima, a…

YC-backed digital bank Onyx Private tells customers it’s closing their accounts Fintech

techcrunch.com Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank…

Griffin Bank has a license to thrill

techcrunch.com Welcome to TechCrunch Fintech (formerly The Interchange)! I’m filling in for Mary Ann, who is on a much deserved break. This week, we look at Griffin Bank getting its…

Y Combinator's Chief Startup Whisperer Is Demoting Himself

wired.com When Michael Seibel lost his position at the startup incubator Y Combinator, he didn’t find out in typical tech industry fashion, which might entail an email calling him to…

How to avoid all the IPO work without annoying investors

techcrunch.com How to avoid all the IPO work without annoying investors Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, a podcast about the business of…

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