![]() ![]() In December, Y Combinator announced plans for a development program for later-stage startups.ĭropbox founder Drew Houston applied twice to Y Combinator before the selective incubator accepted his application in the summer of 2007. Led by Sam Altman and founded by Paul Graham, Robert Morris, Jessica Livingston, and Trevor Blackwell in 2005, Y Combinator quickly rose to prominence as a program for young startups to gain a network of investors and advisors, in addition to seed funding, in exchange for the incubator taking an equity stake. While the Silicon Valley-based incubator has overseen the development of several successful companies like, Airbnb, Docker, and Instacart, Dropbox will be the first within the Y Combinator program to go public. On Friday, file hosting service Dropbox filed its S-1, making it the first Y Combinator company to ever file for an IPO. It was the second time that Houston had applied to the program. Y Combinator accepted Dropbox founder Drew Houston's application for Dropbox in 2007.On Friday, Dropbox filed its S-1, making it the first among Silicon Valley incubator Y Combinator's companies to ever file for an IPO.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |