INSUBCONTINENT EXCLUSIVE:
After being forced to quickly shift plans and stage a remote demo day last month following the outbreak of COVID-19 stateside, Y Combinator
Michael Seibel announced the move
Y Combinator had given startups in the most recent class the option to defer an onstage launch until a later Demo Day; it seems that those
YC startups may not get that option for 2020.As YC shifts online, questions are sure to only grow on whether founders are still getting a
good deal from the accelerator in the midst of a crisis.Founders joining the program give up a 7% slice of their company in exchange for
sizes, and this move will force the company to add a radical format change to the mix
Accelerator batches have ballooned in size in recent years, tapping out at 240 startups in this most recent class.To account for these
larger groups, YC has had to experiment with major format changes in how startups are grouped internally and how they present to investors
Losing their Demo Day last session meant founders lost easy access to in-person introductions with the large group of VCs that typically
flock to the event.Last week, A Technology News Room reported that YC was changing the terms of its pro rata investment program and would
