No Idea? No Problem. Start a Company!

The famous start up incubator Y Combinator, which is responsible for products like Reddit and Dropbox, is now accepting applications from teams and individuals who don't have an actual business idea. 

What's the Latest Development?

The San Francisco start up incubator Y Combinator is now accepting applications for its next funding round and has opened the applicant pool to groups and individuals whowait for ithave no actual business idea. Groups and individuals who are nonetheless passionate about starting a new business are encouraged to apply for the summer funding cycle until March 28, when the application deadline expires. "We're not sure if this will work," says a statement from the Y Combinator brain trust, "but if it does we'll do it from now on."

What's the Big Idea?

Y Combinator is a new way of starting businesses that relies on generous seed funding, an extensive network of successful alumni and a commitment to an open and free exchange of ideas. It aims to create the Silicon Valley of technology start ups. The incubator is responsible for success stories like Dropbox and Reddit, which according to the incubator's staff, began as an idea for a cell-phone food ordering service. It goes to show that the source of a great business idea can look very different, practically unrecognizable, from the end result. 

Photo credit:

Amazon chooses New York and Virginia for its HQ2

The new offices will be built in New York's Long Island City and Viriginia's Arlington.

(Photo: INA FASSBENDER/AFP/Getty Images)
Politics & Current Affairs
  • Amazon will receive more than $2 billion in incentives from the two states.
  • The company plans to create a total of 50,000 jobs at an average wage of $150,000.
  • The announcement has caused controversy, raising concerns about rising rent prices and potentially lost resources in communities surrounding the upcoming developments.
Keep reading Show less

This 5-minute neck scan can spot dementia 10 years before it emerges

The results come from a 15-year study that used ultrasound scans to track blood vessels in middle-aged adults starting in 2002.

Mikhail Kalinin via Wikipedia
Mind & Brain
  • The study measured the stiffness of blood vessels in middle-aged patients over time.
  • Stiff blood vessels can lead to the destruction of delicate blood vessels in the brain, which can contribute to cognitive decline.
  • The scans could someday become a widely used tool to identify people at high risk of developing dementia and Alzheimer's.
Keep reading Show less

Archaeologists unearth dozens of mummified cats in Egypt

Dozens of mummified cats were dug up this week. This isn't as shocking as you might think.

Culture & Religion
  • Archaeologists in Egypt have found dozens of mummified cats in the tomb of a royal offical.
  • The cats will join the ranks of hundreds of thousands of previously discovered ancient kitties.
  • While the cats are nothing special, the tomb also held well preserved beetles.
Keep reading Show less