Y Combinator Restores Canada In Investment Terms

Y Combinator said on Thursday it has restored Canada to its standard deal terms, reversing a change made sometime between November and January that had removed Canada as a permitted country of incorporation. YC CEO Garry Tan said the accelerator initially removed Canada because its top-performing Canadian companies often reincorporated in the US, but reassured Canadian founders they remain welcome to apply, affecting incorporation and fundraising choices.