YC has more weapons than any other player in venture.

If you only have a couple of minutes to spare, here's what investors, operators, and founders should know about Y Combinator.

- Full stack venture. YC is best-known for offering a three-month program for new entrepreneurs. That mental model is outmoded. The organization founded by Paul Graham now helps from inception through pre-IPO.

- Network effects. YC is a venture capital firm with network effects. By batching its portfolio into cohorts and connecting them through internal tools like “Bookface,” it has created a structure that becomes stronger as it scales...

YC has more weapons than any other player in venture.

If you only have a couple of minutes to spare, here's what investors, operators, and founders should know about Y Combinator.

- Full stack venture. YC is best-known for offering a three-month program for new entrepreneurs. That mental model is outmoded. The organization founded by Paul Graham now helps from inception through pre-IPO.

- Network effects. YC is a venture capital firm with network effects. By batching its portfolio into cohorts and connecting them through internal tools like “Bookface,” it has created a structure that becomes stronger as it scales...