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Y Combinator, also known as YC is an American seed acceletator accelerator started in 2005 by Jessica Livingston, Paul Graham, Robert Morris and Trevor Blackwell. It seeks out companies in the early stages of their development and helps them to grow by providing resources including mentoring, financial support and connections. Mentors are successful business people and experts in many fields. If a company is selected, they must move to the Bay area and are given $120,000 as an investmentin exchange for 7% equity. As of 2017 YC has invested in about 1,450 companies including Stripe, Reddit and Dropbox. The companies that YC has invested in are worth over $80 billion dollars collectively.