YCombinator plants permanent roots in bay area
Thu, Jan 22nd, 2009
Y Combinator, the incubator that’s become famous for mentoring and providing seed funding to young entrepreneurs, announced yesterday that they will only be based in Palo Alto and no longer hold alternate funding cycles in Cambridge, Mass.
According to Paul Graham, one of the four partners at the company, "the reason has nothing to do with startups" (in other words, the quality of companies around Cambridge) and is actually for personal reasons. Graham and Jessica Livingston, his wife and co-partner at YC, are expecting their first child "any day now."
Read the whole story on VentureBeat
