5 ms·
Is it global or US-only? I guess US C Corp needed for this?
by Inthenameofmine 11y ago
Is it global or US-only? I guess US C Corp needed for this?
- giarc 11y agoThe first fellowship did not require incorporation, I imagine V3 will be the same.
- n00b101 11y agoHow can there be a convertible note without incorporation?
- Kinnard 11y agoYou don't have to be incorporated to apply and be selected. But you do have to be incorporated to accept the deal and the money.
- Inthenameofmine 11y agoAah, this makes a lot more sense. Still, the questions remains. Does it need to be a US C Corp?
- Kinnard 11y agoThat's still unclear from https://news.ycombinator.com/item?id=10975187 https://news.ycombinator.com/item?id=10975187 I'd guess yes but perhaps Kevin can ring in.
- mattkrisiloff 11y agoTeams have to incorporate, though they don't have to be incorporated yet to apply. There are a couple instances with F2 where we've allowed international teams to keep their pre-existing co structure, but it's still strongly preferred that teams are Delaware C Corporations.
- kevin 11y agoWe're accepting applications from international teams and do not require incorporation. In the second batch, we have teams participating from the UK, Kenya, India, Ghana and Malaysia.