Y Combinator, Silicon Valley's Premiere Startup Factory, Moves Its Pitch Event Online Citing Coronavirus Concern

Startup accelerator Y Combinator announced today that it has moved its demo day online, citing a "growing concern over COVID-19," or coronavirus. From a report: The demo day has historically drawn crowds of Silicon Valley elite, journalists and both national and international venture capitalists to watch more than 100 startups come out to the world. "While we won't be able to recreate every aspect of Demo Day, we'll try our best to create an amazing experience for our founders and investors," Y Combinator said in a blog post. Y Combinator's 30th annual demo day will be pre-recorded and released to investors on Monday March 23, per the post. Thanks to a mix of history and glamour, demo day is the culminating day of a YC startup's accelerator experience. It's a big audience full of check writers and fast typers, and at the least, they'll get a tweet or a couple of sign-ups. The move to remote, in some way, dims that excitement.

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