Y Combinator known for picking winners

Thursday, May 8, 2014 - 09:01 in Mathematics & Economics

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.

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