YC Ends YCVC In Favor Of Raising From LPs, Will Now Invest $120K For 7% Equity

 Y Combinator is making some big changes today with its equity structure and YCVC program. The incubator will now end its YCVC partnership with Khosla, Andreessen Horowitz, General Catalyst, and Maverick Capital, and has raised an undisclosed amount of funding from LPs to invest more money in startups graduating from the program. Read More