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Y Combinator a new twist on finding hot companies

The Silicon Valley venture capital industry is famously clubby. Its angel investor community, where packs of investors tend to fund startups together, is as cliquish.

But underscoring investor appetite for hot Web startups, both are reaching out beyond those tight social circles to forge professional and social connections with a new group in town: the growing fraternity of startups backed by Y Combinator, a two-year-old company with offices in Cambridge, Mass., and Mountain View.

Full Story: http://www.topix.net/content/kri/0099663759011093797520972627192426284338

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