About YC Demo Day:
Y Combinator is one of the top incubator in Silicon Valley. So far, unicorns YC hatched include Airbnb, Dropbox, Stripe, Twitch, Instacart and Coinbase. In total, has invested more than 1000 companies in a total investment of more than $65 billion. Today, YC’s Demo Day has already become a target for investors in Silicon Valley and even the world. It is also a place for everyone to find the next unicorn.
YC Demo Day Review:
On March 19, Cybernaut Zfounder Ventures (CZV) representatives traveled to Silicon Valley to attend the annual YC Demo Day. This year, there is a total of 142 projects, representing 23 countries, and 35% of projects have an international background. Millennials became the army of entrepreneurs. The average age of the founders was less than 30. 27% of the projects had female co-founders and 16% of the founders were women.
From an industry perspective, SaaS is still the focus. Legal, taxation, efficiency, teamwork, and start-ups are improving the productivity of enterprises in all aspects. For the first time, consumption upgrades have become a new outlet; biomedical and health projects account for nearly 20% of the total projects. Blockchain projects have also emerged, but YC is particularly cautious, investing only less than 4%. Applications include security, token development, and management platforms. Compared with last year, artificial intelligence is almost retired and fully integrated into the application scene.
The characteristics of this year’s YC Demo Day are very obvious: projects are focusing on a specific application scenario or solve a minor problem. A good business idea is to solve the small problems in life and work.
This year's YC Demo Day event featured: Vena Medical's viewing imaging microcatheter; Veriff's online ID verification Solution; Avro Life Science: skin patches for generic drug delivery; Voice games on Alexa Volley; Universe: mobile-side website building tool; Voicry: synthesizes rich AI sounds; Shone: autopilot freighter.