A fascinating look through the window into the world of tech startups. – phil 

Twice a year, close to 200 teams of aspiring tech entrepreneurs, most in their 20s, converge on Mountain View, in Silicon Valley, vying for a spot at Y Combinator, the seven-year-old seed-funding firm–cum–accelerator co-founded by venture investor Paul Graham.

Their dream: becoming the next Y.C.-backed sensation, like Dropbox, Airbnb, or OMGPOP. In an adaptation from his new book, Randall Stross follows one of the summer 2011 start-ups from tryout to “Demo Day,” to see what it takes.

Continue Reading:  Exclusive: Inside the Startup-Generating Secrets of Y Combinator | Vanity Fair.