Comment by I_am_tiberius
2 years ago
I find it a pity that YC requires companies to found a parent company in the US in order to invest in them. That's the only reason I have not applied.
2 years ago
I find it a pity that YC requires companies to found a parent company in the US in order to invest in them. That's the only reason I have not applied.
Not true anymore:
> We invest in US, Cayman, Singapore, and Canada corporations. We have founders who apply to YC from all around the world and many have already incorporated in their home countries.
https://news.ycombinator.com/item?id=31620700
Are you sure? - they still have this in the FAQ section:
"What if we incorporated as a non-US corporation?
If your company is already incorporated somewhere other than the United States, Canada, Singapore or the Cayman Islands, in order to participate in YC you will need to create a parent company that is in one of those jurisdictions. The existing company will then become a subsidiary of the new United States, Canada, Singapore or Cayman parent company. While lawyers will drive this process, it will require a significant effort on your part."
https://www.ycombinator.com/faq
That doesn't really contradict what I posted? If you have a company in US, Canada, Singapore or Cayman Islands you can use that. If not you need to set up a company in one of these jurisdictions.
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