Simply days in the past, Y Combinator introduced that its upcoming Demo Day occasion can be transferring on-line as a result of “rising concern over COVID-19“. The occasion, beforehand deliberate to span throughout two days at San Francisco’s Pier 48 constructing, would as a substitute be hosted solely on-line on March 23rd.
Extra adjustments this night: YC is shifting Demo Day ahead one full week, from March 23rd to March 16th.
In a blog post on the change, Y Combinator CEO and accomplice Michael Seibel cites an “accelerated” tempo from buyers in latest days as having inspired the transfer:
Over the previous few days, a lot of buyers have accelerated their outreach to our present batch of founders. They’re transferring rapidly to make funding choices, and we’re going to match their tempo and speed up our schedule by one week. YC W20 on-line Demo Day will now be on March 16.
On March 16, the YC Demo Day web site will go stay, a modified model of the web site that buyers and founders have used over the previous 5 years. By way of the web site, buyers could have entry to a single-slide abstract, a brief description of the corporate, and a staff bio. They’ll type firms by trade and geography, and can be capable of export the checklist of firms to a spreadsheet.
Whereas YC initially said that the pitches every firm historically does stay onstage for Demo Day can be “pre-recorded and launched to all buyers on the similar time,” the announcement of the sooner-than-expected Demo Day solely mentions slide summaries, firm descriptions, and staff bios — suggesting plans might need modified a bit to accommodate the brand new schedule. Y Combinator confirmed to me that the Demo Day website is not going to have video displays.