Y Combinator and Facebook Launch Social Startup Investment Partnership


While Facebook hasn’t done much with its fbFund this year, the company is still busy working to directly nurture its developer ecosystem — today, it is announcing a partnership with early stage venture firm Y Combinator to support social startups. Here’s how Facebook says it will be involved:

We’ll provide product, technical and design resources to support new Y Combinator companies interested in working with us to build deeply social products, whether a website or an application on Facebook.com.

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