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Where is Y Combinator startup-hunting in 2022?



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Digging into the latest accelerator with an asterisk cohort

Like the startup ecosystem itself, accelerators change with time. Techstars has expanded to a network of programs, to pick one example. Y Combinator, perhaps the best-known startup accelerator, has also evolved. It now offers more capital to chosen companies than ever and is in the process of working out how its program will operate in a post-COVID world.
Like much of the venture capital landscape, Y Combinator has shrunk slightly this year. The current cohort of startups in the U.S. program is around 40% slimmer, featuring only 240 companies compared to the preceding batch’s 400.
That change had us curious about the second-order effects of admitting fewer companies into the program: What would a smaller batch do to the geographic makeup of the companies at the accelerator?
Before we dive into the data, a caveat concerning remote work: Per the accelerator, more than one-third (35%) of startups in its present program are remote, and even more (37%) are what it calls “ …

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