Why i like YC and believe incubators are necessary

In the DoorDash YC application video, co-founders Stanley Tang, Andy Fang, Evan Moore and Tony Xu present their startup to Y Combinator. At the time of the pitch, DoorDash had only $10,000 in revenue and was still in its early stages.

The founders explain their vision of creating a platform that connects people with local restaurants through a reliable delivery service. They highlight the potential market and the pain points they aim to address.

Despite their modest revenue, their passion and commitment shine through, showcasing a clear plan for scaling their business. 11 years later, DoorDash has grown exponentially, reaching $8 billion in revenue.

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I have a deep appreciation for Y Combinator because of its role in transforming nascent ideas into successful businesses. YC’s approach to mentoring and funding early-stage startups provides invaluable resources, guidance, and a network that can make a significant difference in a startup’s trajectory.

I believe that incubators like YC are crucial because they offer structured support, strategic advice, and access to a community of experienced entrepreneurs and investors. This environment fosters innovation and growth, enabling startups to navigate challenges and scale their operations effectively.

For me, incubators represent a vital element in nurturing and accelerating the potential of groundbreaking inventions.