Y Combinator nixes 2-minute presentations for virtual Demo Day - Business Insider

Y Combinator's rite of passage, the famous 2-minute pitch to a room packed with potential investors, is the latest victim of the coronavirus pandemic.

Now, Y Combinator has decided that it will do away entirely with the custom of founders talking up their business at this year's Demo Day and that startups in the program will not even make pre-recorded video pitches. Y Combinator will instead feature individual slides about each startup for investors to peruse on a special Demo Day portal.

"As we shared on Friday, we know startup investors will continue to support our newest batch — just as they have for the last 15 years. The activity over the last week has shown us that the community surrounding YC is as strong as ever," Y Combinator President Michael Seibel wroteSince it began 15 years ago, Y Combinator's startup program has seen some of Silicon Valley's most famous names pass through it, including Airbnb, DoorDash and Stripe.

"Demo Day moving online, I really see that as a positive for us," Motion cofounder and CEO Harry Qi told Business Insider. Motion is among the accelerator's current batch and was originally planning to present in front of thousands of investors on Demo Day in San Francisco.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New York postpones St. Patrick's Day parade amid coronavirus pandemic - Business InsiderCuomo declared a state of emergency in New York as the number of coronavirus cases in the state skyrocketed following increased testing. Hey Val_Plante MTL_Ville , vous avez vu ça? Peut-être pas une mauvaise idée...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why I invested $10,000 in the stock market during one of its darkest days - Business InsiderI keep investing around the same amount every month, and it's nice to not have to worry whether my timing is good or bad Im sorry but monstera on the pic is dying due to drought, can someone save it Commissions, commissions...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Disney risks $1.5 billion revenue if US parks close 30 days: analysts - Business InsiderDisney risks losing $1.5 billion in revenue if it's forced to close all US theme parks for 30 days, analysts forecast People’s health are more important! Disney will be ok. Make another Avengers movie.
Source: BusinessInsider - 🏆 729. / 51 Read more »

ICE London office closed rest of week after confirmed coronavirus case - Business InsiderIntercontinental Exchange is closing its London office, home to its European futures business, for the remainder of the week in one of the first signs of a key market-structure player impacted by coronavirus Bitcoin never closes
Source: BusinessInsider - 🏆 729. / 51 Read more »