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>> MARK ZUCKERBERG Latest News

MAY 03, 2013 - Business Insider

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Silicon Valley's Top Startup Factory Once Funded A Company Because The Founder Looked Like Mark Zuckerberg (FB)

Venture capitalist Paul Graham runs Silicon Valley's most successful startup accelerator. Y Combinator has an acceptance rate similar to that of an Ivy League school, and a track record for producing billion-dollar startups. Storage startup Dropbox is valued at $4 billion, and home rental site Airbnb is valued at around $2.5 billion. The value of YC's portfolio is approaching $10 billion and many of its companies have also had clean exits. Think Heroku, OMGPOP, and Reddit. The average value of a YC-backed company is $22.4 million.  But Graham doesn't always have the best judgment when ... Read More

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