2005 accelerator business incubator development 
Y Combinator
AUGUST 5, 2019
How tech startup fundraising changed from 2005 to now. In 2005, when Y Combinator started, there was already a well developed ecosystem of venture capital firms in Silicon Valley and Boston. When Jose applied to YC, he had developed the technique in academia but hadn’t yet tried applying it to therapeutics in animals.
TechCrunch
JANUARY 21, 2021
A significant event came with acquisition by AOL of the the ICQ messaging system developed by Mirabilis. It wasn’t long before venture capital firms started up and major tech companies like Microsoft, Google and Samsung had R&D centers and accelerators located in the country. This came decades ahead of most western governments.
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