article thumbnail

The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Starting a tech company today costs 99% less than it did 18 years ago when Y Combinator was started ( today and 2005 ), largely due to the emergence of cloud technologies, no-code tools, and artificial intelligence. the free YC Startup School courses). Angel investments in 2022 equaled those from 2006 to 2011 combined.

article thumbnail

Austin emerges as a city of unicorns and tech giants

TechCrunch

Earlier in the month, S3 Ventures raised $250 million for its Fund VII, touting itself as “the largest venture capital fund focused on Texas-based startups.” S3 Ventures founder and managing director Brian Smith notes that when he started the firm in 2005, venture capital in Texas was finally starting to recover from the dot.com bust.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ycombinator - Where unicorns are born

Don Dodge

Angel investing in tech startups is a gut wrenching and risky business. Most of them lose, but sometimes you invest in a “unicorn” and make 100 times your money or even more. They were part of the Ycombinator Cambridge class of 2007, after being rejected by YC in 2005 and 2006. None of the local VC firms invested.

article thumbnail

Making sense of Klarna

TechCrunch

Klarna’s first ever transaction took place at 11:06:40 am on April 10, 2005 at a Swedish bookshop called Pocketklubben, according to the abbreviated history published on the company’s website. competitors and sometimes described by Europeans as a Klarna clone. But first, let’s go back to the beginning.

investing 143
article thumbnail

Making sense of Klarna

TechCrunch

Klarna’s first ever transaction took place at 11:06:40 am on April 10, 2005 at a Swedish bookshop called Pocketklubben, according to the abbreviated history published on the company’s website. competitors and sometimes described by Europeans as a Klarna clone. But first, let’s go back to the beginning.

article thumbnail

A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

I’m inspired by the enthusiasm of the young, emerging startup ecosystem that is here. When I saw what BuddyTV is working on and how long they’ve been the market (since 2005) I realized that this has huge potential to help disrupt the television market. I’m looking to turn dots into lines over time.