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Stock impact report

The startup accelerator behind Airbnb and Reddit is thinking about coming back to Massachusetts [Yahoo! Finance]

Ginkgo Bioworks Holdings, Inc. (DNA) 
Company Research Source: Yahoo! Finance
There are no other startup launchpads with a track record that can compare to Y Combinator. If you've ever booked an Airbnb, posted a comment on Reddit, ordered food from DoorDash or bought some cryptocurrency on Coinbase, you've interacted with a company that got early funding and support from Y Combinator The “accelerator” program was born in the summer of 2005 in Cambridge — OpenAI founder and CEO Sam Altman was part of the first group of entrepreneurs to go through it — but in 2009, the founders decided to focus exclusively on coaching entrepreneurs in Silicon Valley. Now, it seems that the current chief executive, Garry Tan, is considering a reboot in Cambridge. Here's what I've been able to find out so far: Last year, Y Combinator hired Ankit Gupta , a Harvard alum who had sold a startup to Ginkgo Bioworks and spent about a year working at the cutting-edge biotech company in Boston. Now, Gupta is the first Y Combinator employee to have been based locally since the progr Show less Read more
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