Y Combinator to debut in China with ex-Baidu exec as CEO
American startup accelerator Y Combinator is set to debut in China, with the new unit to be led by former Baidu Chief Operating Officer Qi Lu. The move marks Y Combinator's first international expansion. The accelerator, set up in 2005, has invested in over 1,900 startups including companies like Dropbox, Airbnb, Reddit, Stripe, and Coinbase.