Y Combinator Startings grow the fastest in stock history due to AI

The earliest phase of Silicon Valley is gaining a great impetus from artificial intelligence.

Starting Accelerator Y Combinator – Recognized with Support Arab, Domination And strip – this week, San Francisco spent an annual demo day, where the founders had the beginning of potential ventral capital investors.

Y COBINATOR CEO GARRY TAN told CNBC that this group has grown much faster than former cohorts and true income. For the last nine months, the aggregate company of all YC companies has increased by 10% per week.

“This is not just one or two companies – the whole gang is growing 10% per week in a week,” he said. “This did not happen earlier in the early enterprise.”

This growth spurt said tan thanks to the bounce in artificial intelligence.

The developers can now download or automate more recurring tasks and they can create a new code using large language models. Tan called “vibe coding”, a term for taking the wheel of the models and a term for software. In some cases, AI can code all applications.

The subsidial capacity of the AI’s other heavy workload was allowed to build these companies with fewer people. For a quarter of a quarter of the current YC start, 95% of their code is written by AI.

“It sounds a little scary, but on the other hand, for the founders, it does not need a team of 50 or 100 engineers,” he said. “You don’t have to raise a lot. The capital takes longer.”

The sound of the silicone valley in the zero interest rate period, the thought of those as a whole, “came out of the window.” Megacap Tech, which focuses on the bottom line, also applies to Tech. Google, Meta and Amazon The multiple bucket switch and withdrawn to hire.

While some engineers shake, Tan described it as an opportunity.

It is easier to build a start and the best people in technology should not continue to work in large technological companies.

“There is a lot of concern in the work market, especially young program engineers,” he said. “Perhaps an engineer who can’t get a job on meta or Google, it is a worker who can not get a job that can actually do $ 10 million or $ 100 million with ten people.

About 80% of the YC companies that present this week were AI oriented with a handful of robotics and semiconductor starting. The group of these groups was able to prove previous commercial use compared to the previous generations.

“There is a ton of hype, but the unique ones at the moment, the people are actually doing commercial verification,” he said. “If you are an investor on the demo day, you will be able to call a real customer and that person, ‘Yes, we use the program every day.” “

Y Combinator was built in 2005 by Paul Graham, Jessica Livingston, Robert Morris and Trevor Blackwell. The firm invests $ 500,000 at the beginning in exchange for a capital sharing. These founders then enter a three-month program at the San Francisco headquarters and get guidance from partners and YC graduates. Demo Day is a way to attract extra capital.

The company has financed more than 5.3,000 companies worth more than $ 800 billion. More than one of them are estimated at the cost of more than 100 and more than 100. More than 15,000 companies are applied to access the accelerator with a rate of approximately 1%.

More in the last decbarators of this Veenage capital incubators opened in the last decade and more capitalized the early scene starts. Despite the competition, the Tan strong network argued that Y has one edge of Y. He pointed out the number of highly valued portfolio companies and withdrew the idea that specialized incubators received business.

“During YC, about 20-30% of companies change their views and sometimes their industry. You end with a very specialized incubator, you will not be able to change what you think.” “We think the network effect and the benefits of YC are only braver.”