The digital startup incubator Y Combinator (YC), established in March 2005, has helped more than 3,000 businesses get off the ground, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe, and Twitch. The top YC companies have a combined worth of more than $300 billion by January 2021. Initiated in Boston and Mountain View, the accelerator program was later expanded to San Francisco in 2019 and has been totally online ever since the COVID-19 epidemic began. According to Forbes, YC is a very successful Silicon Valley business accelerator.
Each year, Y Combinator picks a number of batches of companies through interviews. A total of $500,000 in startup money, suggestions, and contacts are given to these businesses. In addition, they receive $375,000 in an unlimited S.A.F.E with a most favored country (MFN) clause, as well as $125,000 in post-money S.A.F.E. in exchange for 7% equity. An additional $100,000 is donated to charities. The program includes weekly meals with successful business people and venture capitalists, as well as "office hours" where startup founders can meet one-on-one and in groups.
"Make Something People Want" is the Y Combinator mantra. The program shows founders how to develop product/market fit, improve their teams and business models, scale their startup into a high growth company, and promote their products. Demo Day, where businesses showcase their business and technological prototypes to possible investors, serves as its climax.
One of the most recent investments of Y Combinator is FanHero, a revolutionary startup that aims to support YouTubers in their quest to monetize their brand.
Students at Stanford University majoring in computer science, Kevin Xu and Charlie Guo, who grew up as YouTube enthusiasts, developed FanHero. Since they have been passionate followers of YouTubers since their childhood, Xu and Guo have a unique perspective. That is why they are able to offer an unmatched service to both seasoned and novice YouTubers that are looking for new ways to diversify their means of income and monetize their brands.
In order to widen their horizons and improve their skills in commercialization, scaling and more, both Xu and Guo are attending Y Combinator courses. Currently, their website FanHero gives the entire money made through sales to the artists. In other words, they take no commission! Once their beta tests are done, they will start taking 25% commissions though. So, the best time to join FanHero and monetize YouTube videos is now! If you want to be a successful influencer that has more than one stream of revenue, merchandise is the best option for you. In order to ensure that your merchandise is purchased by many people, you should ensure that your content on YouTube is interesting enough, though! You can use creative editing, free music for YouTube, and sound effects to make your videos more appealing.
Yet you must be very careful: Major social media platforms like YouTube only allow the use of royalty free music. When content creators use copyrighted music in their content, such platforms detect illegal use with their very advanced algorithms. Content creators that violate royalty and copyright rules are notified and warned by the platform. Moreover, they face serious consequences such as losing their monetization privileges, partner status, or even their channel.
That is why all professional content creators, influencers and YouTubers only use royalty free music in their videos. If you need YouTube royalty free music, take a closer look at our playlist below. You can find thousands of high quality, popular royalty free tracks in our archive. You can browse by mood, artist, and genre as well!