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Y Combinator known for picking winners including Missoula’s Submittable

By late 2008, the creators of Airbnb were broke and selling cereal online to support themselves as they watched their credit card bills pile up.

They made one final pitch for their fledgling company — a website where travelers could rent a room in someone else’s house and sleep on an air mattress — to the startup accelerator Y Combinator.

"We were, frankly, on the verge of quitting," said Nathan Blecharczyk, Airbnb co-founder and chief technical officer. "Things were in a pretty dire place."

All that changed when they were accepted into Y Combinator, a three-month, bone-grinding, sleep-depriving, brain-busting boot camp that offers aspiring entrepreneurs business advice, access to some of the valley’s most high-profile investors and tech leaders, and an infusion of cash — with the goal to create the next hot company.

By Heather Somerville

[email protected]

Full Story: http://www.mercurynews.com/business/ci_25687041/y-combinator-known-picking-winners

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Montana’s Submittable ranked at the top of the Y Combinator Startup Index http://www.matr.net/article-54800.html

Missoula, Montana’s Submittable raises $750K to replace email (for real this time) http://www.matr.net/article-52765.html

Submittable (Missoula, Montana) pitched a few hundred Silicon Valley investors today including MC Hammer and Ashton Kutcher. 🙂 http://www.matr.net/article-51618.html

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