Y Combinator cuts nearly 20% of staff, scales back growth stage investments

Y Combinator will be writing fewer checks for late-stage companies, a scale back that also cost 17 team members — or roughly 20% of the accelerator’s employees — their jobs, according to a statement released on Monday. The accelerator told TechCrunch that Silicon Valley Bank’s failure was not a factor and that they have been … Continue reading Y Combinator cuts nearly 20% of staff, scales back growth stage investments