Full-Time

Investment Associate & Product Engineer

Y Combinator

Y Combinator

1,001-5,000 employees

Seed-stage startup accelerator and investor

Compensation Overview

$250k - $500k/yr

+ Profit-sharing

San Francisco, CA, USA

In Person

Category
Software Engineering (1)
Requirements
  • Experience shipping full-stack web applications
  • Ability to design systems and reason about tradeoffs independently
  • Strong analytical thinking; comfort with metrics and financial concepts
  • Clear written and verbal communication
  • Excellent judgment, integrity, and ability to work with sensitive information
Responsibilities
  • Design, build, and ship full-stack web applications for partners, founders, and investors
  • Own features end-to-end: scoping, design, implementation, and iteration
  • Work across frontend, backend, and data layers to improve YC's post-batch and internal platforms (e.g., founder tools, analytics, workflow systems)
  • Make pragmatic engineering tradeoffs in a fast-moving, high-ownership environment
  • Evaluate post-batch and growth-stage companies by analyzing business models, markets, teams, and operating metrics
  • Contribute to diligence efforts, including reviewing decks and data rooms, benchmarking KPIs, and conducting market or customer research
  • Build and maintain analytical tools, dashboards, or workflows that support investment decisions
  • Write clear, structured memos and analyses for partners and our Investment Committee
Desired Qualifications
  • Experience with Rails, React, Postgres, or similar frameworks and databases
  • Prior experience in venture capital, growth equity, banking, consulting, or corporate development
  • Founder or early-stage startup experience
  • Experience building internal tools, analytics platforms, or workflow software
  • We care far more about your ability to build and ship real software than about any specific framework. If you've built strong full-stack products before, you can learn our stack.

Y Combinator is a startup accelerator that funds early-stage companies through seed investments and a three-month, batch-based program. Founders receive mentorship, guidance on product and business strategy, and a Demo Day to present to invited investors. The program runs four times a year, creating a strong network effect among participants who can support one another and share experiences. The accelerator’s portfolio spans software, fintech, biotech, and consumer products, with notable alumni including Stripe, Airbnb, and Coinbase. Unlike many investors, Y Combinator combines a small equity stake with access to a vast alumni and investor network, monetizing returns from successful exits such as acquisitions or IPOs. Its goal is to identify high-potential ventures, help them grow, and generate meaningful financial returns for its stakeholders through exits.

Company Size

1,001-5,000

Company Stage

Pre-seed

Total Funding

$44.4B

Headquarters

Mountain View, California

Founded

2005

Simplify Jobs

Simplify's Take

What believers are saying

  • OpenAI stake seeded by YC Research in 2016 reaches $5B+ at $852B valuation in May 2026.
  • Cinder raises $41M Series B in May 2026 with YC participation, validating AI safety investments.
  • Quora joins summer 2026 batch, testing later-stage funding to expand YC's model.

What critics are saying

  • OpenAI's $852B valuation collapses under FTC AI monopoly probes within 12-24 months.
  • Quora's late-stage entry erodes early-stage focus and alumni loyalty by 2027.
  • Paul Graham's undisclosed OpenAI billions spark alumni lawsuits in 9-15 months.

What makes Y Combinator unique

  • YC invests $500K via $125K post-money SAFE for 7% equity and $375K uncapped MFN SAFE.
  • YC runs four annual three-month batches in San Francisco with intensive partner office hours.
  • YC alumni network spans Airbnb, Stripe, Coinbase, and 5,668 companies valued at $600B.

Help us improve and share your feedback! Did you find this helpful?

Your Connections

People at Y Combinator who can refer or advise you

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Parental Leave

Fertility Treatment Support

Commuter Benefits

Company News

Vapi
May 12th, 2026
AGI is here. Why am I still on hold?

Read AGI is here. Why am I still on hold? on the Vapi blog

Portage
May 11th, 2026
Happl raises $11M Series A led by Portage to simplify global employee benefits for multinational employers

Happl, a global employee benefits operating system, has raised $11 million in a Series A round led by Portage Ventures. Y Combinator, 6 Degrees Capital, Haatch and Ventures Together also participated. Founded in 2022 by Ben Towers MBE, Happl provides an AI-powered platform that helps HR and finance teams manage employee benefits eligibility, compliance and administration across over 160 countries. The system replaces fragmented country-by-country processes with unified infrastructure designed for multinational employers. The London-based company, which also operates in New York, serves enterprise clients including Moelis, Kainos and Hootsuite. The funding will support product development and international expansion as demand grows for modernised benefits management infrastructure amongst global organisations.

Daring Fireball
May 8th, 2026
Y Combinator’s Stake in OpenAI

The fact that Paul Graham personally has billions of dollars at stake with OpenAI doesn’t mean that his public opinion on Sam Altman’s trustworthiness and leadership is invalid. But it certainly seems like the sort of thing that ought to be disclosed when quoting Graham as an Altman character reference.

Signature Block
Apr 20th, 2026
Why they invested: Deel

Deel grew from $0 to $500M ARR in 5 years. Here's a breakdown of why VCs invested.

Auctor
Apr 17th, 2026
Auctor's Series A Announcement | Auctor

Today, we're announcing that Auctor has raised $20 million, including a Series A led by Sequoia Capital with participation from M12, Microsoft’s Venture Capital Fund, HubSpot Ventures, Workday Ventures, OneStream, Y Combinator, Tercera, and Dig Ventures.