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Fortune
Fortune
Lucy Brewster

FORGOTTEN HISTORY: Accelerator interest spikes as vcs bulk up seed investing - The Untold Story

Accel Kyle Stanford Sequoia Y Combinator
Coin tree Glass Jar Plant growing from coins outside the glass jar on blurred green natural background money saving and investment financial concept (Credit: Getty)

What do Stripe and Airbnb have in common? 

They were both incubated by startup accelerator Y Combinator during the financial crisis in 2009. Now, many VC firms are hoping lightning will strike again as they have been rolling out and expanding accelerator-style programs of their own recently to source founders before they even have fleshed out a vision for their startup. 

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