📶 more seasons, more YC batches

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Good morning 👋

Some people would say it’s a golden age to build early-stage businesses, and YC is “some people”.

They announced that they are expanding to four cohorts a year in 2025 (doubling the current cohort amount).

More YC companies = more competition for follow-on funding = more overall optimism for venture as an asset class.

In other news … are we back?

P.S. Are you a full-time investor?

Help answer our VC comp survey so we can help you get paid a better market rate.

TL;DR:

• 📰 News

• 🔗 Links

• 🐥 Tweet

• 📶 Community

• 🗳 Poll

HEADLINES
YC is expanding 📈

• Y Combinator expanding to four cohorts a year in 2025 (TechCrunch)

• Longevity Startups Are Getting Funding, But Not As Fast As We’re Aging (Crunchbase)

• Adam Neumann’s startup Flow opens co-living community in Saudi Arabia (TechCrunch)

• More Family Offices Are Hiring CIO-led Investment Teams (Institutional Investor)

• The 10 most active VC investors driving mobility tech forward (Pitchbook)

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LINKS

✔️ What I’d Advise My Younger Self: Robert Glazer offers 4 lessons to the class of 2024

🔎 It’s All Priced In: Mostly Metrics reveals the most important rate in the country isn’t the fed funds rate, but rather the yield on the 10-year Treasury note

👀 AI & Crypto: A conversation for anyone who is curious about or already building in the space of artificial intelligence and blockchains/crypto

🆓 Should Your New Feature Be Free or Paid?: Elena Verna lays out the series of decisions one needs to make

🧠 The 4-Step Process for Strategic Networking with Simply Systems: The Strategic Networker suggests simple solutions for complex problems

TWEET

COMMUNITY
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POLL

Thanks for reading this far and giving us a little bit of your attention this week.

Feel free to unsubscribe whenever this stops becoming valuable to you.

- Clay

RESULTS

Here are the results from our poll question in yesterday’s piece:

Are your portfolio companies reducing equity compensation for new employees?

🟨🟨⬜️⬜️⬜️⬜️ Yes - new equity pay is way down (8)

🟩🟩🟩🟩🟩🟩 No - equity pay has not changed (18)

26 Votes