YC's primary objective is to empower entrepreneurs to build successful companies by providing them with a comprehensive range of resources, including:
- Funding: YC invests $500,000 in each startup it accepts into its program, in exchange for 7% equity. This funding enables startups to focus on developing their products, building their teams, and preparing for launch.
- Mentorship: YC partners with experienced entrepreneurs, investors, and industry experts who provide guidance, advice, and support to the startups. This mentorship helps startups navigate the challenges of building a successful company and makes informed decisions.