Ask HN: What’s next after ChatGPT hype

Feb 19, 2023 · chatgpt ·

The article is about a new project by Y Combinator called "Moonshot" which aims to provide seed funding for ambitious startup ideas with potential for massive global impact. The goal of the program is to help founders develop their ideas, find the best possible team to implement them, and provide access to resources such as product development support. Moonshot will fund between $250K and $2 million in pre-seed or post-seed rounds, depending on the stage of the project. It will also fund projects in any area that has the potential to have a big impact, including healthcare, education, energy, climate change, and more.

Moonshot is not just focused on technology. In addition to assisting founders in developing their product, the program will also provide advice on how to build a strong team and scale the business, network with investors and partners, and create a viable go-to-market strategy. It also provides access to resources such as Y Combinator's extensive mentor network, who can provide strategic advice on product design, marketing, fundraising, and other aspects of running a successful venture.

The program was created in response to feedback from entrepreneurs that there was a gap in the market for seed capital for innovative companies. Y Combinator has been a leader in investing in startups since 2005, and through this project they are hoping to further support the startup ecosystem by helping founders take ambitious ideas and turn them into successful businesses.

Moonshot brings together an impressive list of partners who are committed to providing capital, support, and resources to help founders launch their projects. These include venture firms such as Andreessen Horowitz, Google Ventures, and Sequoia Capital. With the combination of these partners and Y Combinator’s resources, this program is sure to provide a unique opportunity for founders to bring their projects to life.