3 ms·
I'm wondering if this actually implies that Y-Combinator is willing to touch even with a 10-foot-pole companies incorporated in jurisdictions where company law
by gyulai 5y ago
I'm wondering if this actually implies that Y-Combinator is willing to touch even with a 10-foot-pole companies incorporated in jurisdictions where company law works very differently from the U.S. For example in Germany & Austria, if a startup is organized as a GmbH ("Gesellschaft mit beschränkter Haftung"), regulations around transfer of shares and minority shareholder protections are a lot heavier than for U.S. corporations and AG ("Aktiengesellschaft") with freely-transferable shares come with a high regulatory burden in all kinds of areas.
My working hypothesis until obtaining information to the contrary is that the answer is "no", and that "European" in the article basically just means "London".
- dagw 5y agoYou can be from anywhere but your company has to be incorporated in United States, Canada, Singapore or the Cayman Islands. If you already have a GmbH and want to join YC you have to incorporate a parent company in one of those jurisdictions and make your existing company a subsidiary of that new parent company. YC will then invest and take a stake in the parent company rather than your 'real' company https://www.ycombinator.com/faq/ https://www.ycombinator.com/faq/