Founded in March 2005, Y Combinator is a seed accelerator, which means it provides startup companies with financial and mentorship support to help them grow.
So what does Y Combinator stand for? While the name might not give it away, the company is actually named after a computer science concept called the Y combinator. In short, the Y combinator is a higher-order function that allows you to create recursive functions.
Recursive functions are functions that can call themselves. They're often used in computer science to perform tasks such as traversing data structures or searching for items in a list. The Y combinator allows you to create such functions without causing an infinite loop.
So there you have it! The next time someone asks you what Y Combinator stands for, you can impress them with your computer science knowledge.