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<onlyinclude>YCombinator is a Silicon Valley-based, for-profit incubator institution founded in 2005. It advertises a wide array of services, including access to mentors, funding, office space, and start-up services. YCombinator has eight directors, seven of whom have direct entrepreneurship experience as established entrepreneurs and an eight who has indirect experience in the sector. Of the 849 startups which have enrolled in the YCombinator program, 204 have received venture capital funding. 66 companies which participated in the Station Houston YCombinator program have been acquired and seven have exited in an IPO.