Neo Is More Similar to What Y Combinator Was in the First Place

Neo is more similar to what Y Combinator was in the first place.
“Neo is the highly selective program for top technical teams that Y Combinator once was.” That’s how Ali Partovi now characterizes his venture firm, eight years after launching it with an audacious bet that the future titans of tech could be spotted and nurtured before they even finished college. Now backed by a fresh $320 million fund, its fourth and largest to date Neo is putting that theory on institutional footing. With headline-making wins like Anysphere’s Cursor and Pika under its belt, Neo is no longer just a quirky boot camp for undergrads. It’s positioning itself as the Ivy League of startup accelerators complete with an application rate more selective than Harvard and Yale. Founded by Partovi, an early investor in Facebook, Dropbox, and Airbnb, Neo has become Sili
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Anshika Mathews
Anshika is the Senior Content Strategist for AIM Research. She holds a keen interest in technology and related policy-making and its impact on society. She can be reached at anshika.mathews@aimresearch.co
25 July 2025 | 583 Park Avenue, New York
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