• Y Combinator Is Now Getting Over One Application Every Minute

    Monday, October 10th, 2011

    Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

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    Wow. Silicon Valley-based startup incubator Y Combinator is getting just over one application per minute, according to a Tweet from co-founder and partner Paul Graham. Today is the last day for applications for the next Y Combinator class, and clearly founders are in a rush to get their applications in.

    Back in August, Graham said that the acceptance rate to Y Combinator is just 3%. But because of an increase in applications, Y Combinator has increased its class sizes of late.

    In June, Graham revealed that total value of YC companies is around $3 billion. In total, YCombinator has funded 316 startups including the summer round that just debuted in August. Checkout Graham and fellow Y Combinator partner Harj Taggar’s most recent office hours with startup founders at TechCrunch Disrupt here.

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