Y Combinator S24

Y Combinator's Summer 2024 batch comprised 248 companies, maintaining consistent cohort sizes. Each company received $125,000 for 7% equity on a post-money SAFE, plus an additional $375,000 uncapped MFN SAFE, totaling $500,000. The S24 batch occurred during continued venture capital recovery: funding was flowing more freely, valuations had stabilized at more realistic levels, and the startup ecosystem was healthy and growing. AI was fully integrated into founder thinking and product development: nearly every company had some AI component or was actively exploring AI applications. The cohort included traditional B2B software, fintech, climate, healthcare, hard tech, consumer applications, and AI-specific companies. The S24 batch reflected normalized venture capital conditions: founders were neither overly exuberant nor overly constrained, allowing for ambitious but grounded company building. The batch also marked the full normalization of remote-first operations and global founder communities. For investors, founders, and analysts interested in stable venture capital conditions, mature AI adoption, and global startup dynamics, S24 offers valuable reference material. The batch represents the emergence of a new normal in startup investing and founding.