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INSANE: Y combinator | Vintage Vibes

Steve Jobs didn’t trust focus groups to inform product design. These AI entrepreneurs believe they solved the problem

The founders of Belgian startup Conveo are betting that AI can resolve a long-standing challenge—how to enable customer-centric decision-making without drowning companies in data.

Fortune

Harmeet Dhillon reacts to Ankit Gupta-YC controversy: American employers cannot discriminate against US citizens

President Donald Trump' aide Harmeet Dhillon, the assistant attorney general for Civil Rightys at the US Department of Justice, has reacted to the controversy triggered by Y Combinator partnet Ankit Gupta and said that American employers won't be allowed to discriminate against US citizens. Dhillon also made it clear that…

The Times of India

Y Combinator sells Meesho shares worth Rs 970 crore in block deals; Morgan Stanley, Goldman Sachs, Citigroup among buyers

Y Combinator-linked entities sold 4.85 crore Meesho shares worth Rs 970 crore through block deals at Rs 200.01 apiece. Institutional buyers including Nippon India Mutual Fund, HDFC Life, Morgan Stanley, Goldman Sachs and Citigroup acquired significant stakes.

The Economic Times

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Meet Flock, the $8 billion startup backed by a16z and Tiger facing growing backlash against surveillance capitalism

Cities are canceling contracts. Cameras are getting vandalized, and lawyers who have reviewed the company’s contracts say data ownership is not clearly defined.

Fortune

At 7, Jammy-born boy entered Guinness records as world’s youngest male webmaster. Now 20, he’s raised $4.3 million to fix a major space communication problem

Jammu-born Onkar Singh Batra is building a space communication network. His startup Apolink aims to keep satellites connected beyond ground station range. This innovative system uses small satellites as relay points for data transmission. Apolink has secured significant investment and launched its first demonstration satellite. Batra's journey began with early…

The Economic Times

Startup to use drones to keep clouds away from solar farms, 'Our ultimate goal is to reduce the intensity of severe storms and hurricanes' — chemical-free tech promises up to 30% power boost for $30 to $60 an hour

Meteoric plans to deploy drones and use mechanical action to dissipate low and mid-altitude clouds covering solar power plants. The startup says that it already has a working prototype that cut artificial clouds by 13%, and that its drones are far more economical to fly compared to traditional techniques.

Tom’s Hardware

Exclusive: River Markets announces $8.5 million seed round to build prediction market trading tools for institutions

The round was led by Haun Ventures alongside Y Combinator, Coinbase Ventures and others.

Fortune

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Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equity

OpenAI CEO Sam Altman owns no equity and earns a $76K salary—but says Peter Thiel and Paul Graham taught him how to build billions in investment wealth.

Fortune

Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized

LemonLime’s cofounder apologized following a flurry of online backlash and offered to cover removal costs for the tattoos

Fortune

Shipping container-launched cargo rocket promises 550-pound deliveries 750 km away in 15 minutes — $1.25M Air Force contract backs 'Rook' cargo rocket that flies into space to speed deliveries

A minimum-energy ballistic arc covering 750 km needs roughly 2.64 km/s at burnout and peaks near 181 km.

Tom’s Hardware

A mosquito-hunting killer drone is available for preorder – and I have questions

Y Combinator-backed startup Tornyol has built a tiny autonomous drone that tracks mosquitoes by sonar and kills them mid-flight, with preorders open now. We look at the tech, the pricing, and the questions it raises about where the targeting stops.

TechRadar

Partner At Y Combinator Takes Leave of Absence to Join Anthropic

Tom Blomfield, general partner at Y Combinator, has taken a leave of absence from the company to join Anthropic, adding to the competition for top AI talent.

Benzinga

Y Combinator's Tom Blomfield joins Anthropic's compute team

Blomfield was at YC as a partner, mentoring founders across multiple batches after building two unicorns. He was awarded an OBE (Officer of the British Empire) in 2019 for his contribution to competition in banking.

The Economic Times

Airbnb was so broke in 2008 that its founders sold Obama and McCain cereal boxes just to keep the company alive long enough for investors to notice

In a bold and unconventional move, Airbnb's founders turned to selling novelty cereal boxes, including Obama O's and Cap'n McCain's, to generate essential funds for their fledgling startup. This unique marketing strategy not only brought in critical early revenue but also caught the eye of the media and potential investors,…

The Times of India

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Fortune

Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions

Other participants in the Series C fundraise include Index Ventures and Y Combinator.

The Economic Times

Marketing platform JustAI raises $17 million led by Base10

AI marketing platform JustAI has secured over $17 million in Series A funding, led by Base10, with participation from Y Combinator and Peak XV Partners. This investment will fuel expansion of their engineering and go-to-market teams, enhance AI capabilities, and explore opportunities in India.

Fortune

Cursor’s 25-year-old CEO is a former Google intern who just cemented a $60 billion deal with SpaceX

From Google intern at 18 to a billionaire at 25, Cursor CEO Michael Truell’s rise is one of Silicon Valley’s fastest.

The Economic Times

OpenAI to invest in YC startups using $2 million worth of tokens; here’s what it means

OpenAI is providing two million dollars worth of tokens to each startup in the current Y Combinator batch. This initiative aims to accelerate product development and internal workflows. Startups will exchange equity for these tokens. This move is expected to unlock significant innovation from driven founders.

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The Economic Times

Groww promoter group sells 0.23% stake for around Rs 250-260 crore

Groww's promoter group has sold a stake worth approximately Rs 250-260 crore. This follows significant sales by early investors like Peak XV Partners and Y Combinator. The wealthtech startup, cofounded by Lalit Keshre and others, has seen its share price rise substantially since its IPO.

The Economic Times

Gig workers' incentives cool; YC attendees resell AI credits

Happy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in today's ETtech Morning Dispatch.

The Economic Times

Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucks

A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits for AWS, Azure, and OpenAI at reduced prices, with some facing activation issues and restrictions. These messages are from founders, engineers and student builders.

The Economic Times

Groww investors reap bumper returns; Lightspeed’s India rethink

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.

Fortune

Greenboard raises $15.5 million Series A to keep compliance from slowing down business

Base10 led the Series A after leading the startup’s 2024 seed round

The Economic Times

Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in ends

Groww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak XV, Ribbit Capital, and Y Combinator. The block deal involved millions of shares. Groww's stock has seen significant growth since its listing.

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