Patterns Across 5 Years of YC Investing
Tom Tunguz
JUNE 8, 2025
Where venture capital flows, innovation follows. And for more than a decade, few faucets have been watched more closely than Y Combinator. An analysis of their investment patterns since 2020 doesn’t just reveal the accelerator’s strategy—it provides a map to the entire startup ecosystem’s next chapter. With Demo Day approaching this week & inspired by Jamesin Seidel’s YC Series A analysis , I wondered how YC investment patterns have changed since 2020.
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