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RE: LeoThread 2024-09-26 09:18

YC's primary objective is to empower entrepreneurs to build successful companies by providing them with a comprehensive range of resources, including:

  1. Funding: YC invests $500,000 in each startup it accepts into its program, in exchange for 7% equity. This funding enables startups to focus on developing their products, building their teams, and preparing for launch.
  2. Mentorship: YC partners with experienced entrepreneurs, investors, and industry experts who provide guidance, advice, and support to the startups. This mentorship helps startups navigate the challenges of building a successful company and makes informed decisions.