Y Combinator possess a reputation as a company that is also collaborating with Justin tv, Scribd and Dropbox. Under this agreement, Facebook received input and ideas from the world of internet and technology, which will make their product better than competitors. Similarly, as quoted from Mashable.
Meanwhile, the Y Combinator will gain access to Facebook Credits and other beta features, both product and design support. This cooperation will be studied for one of Y Combinator information later in the year 2011.
"In the near future, we think it will be difficult to imagine personalized Internet experiences that are not. The development of this cooperation is not only to add something to the existing products, may be examples of other experiences of social transformation that will follow," said Carl Sjogreen, Facebook representatives for this collaborative project.
The strategy of this initiative is an interesting maneuver carried out by Facebook, and it is designed to help make these giants social networking remain in the top for social technology affairs.