4 ms·

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 alrea

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://www.ycombinator.com/deal https://www.ycombinator.com/deal I am currently trying to figure out what the best jurisdiction for an international team actually is: https://news.ycombinator.com/item?id=31620700 https://news.ycombinator.com/item?id=31620700

I_am_tiberius 4y ago
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 https://www.ycombinator.com/faq
- SkyAndSand 4y ago
  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.
  - I_am_tiberius 4y ago
    Ok, got it. My point was that you need to found a parent company in general. As I'm Austrian it doesn't matter if it's in the US, Canada, Singapore or Cayman Islands.
    - SkyAndSand 4y ago
      True, as Europeans we are basically always disadvantaged and need to set up a new entity to be able to receive an investment from YC (or likely most US investors).
      - hef19898 4y ago
        A lot of US investors have, afaik, EU branches. Plus, you can easily have foreign owners of RU entities. YC is special because they refuse to go throigj the pain of doing so. Fair enough I guess, considering the number of investments they do.

I_am_tiberius 4y ago

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 https://www.ycombinator.com/faq

SkyAndSand 4y ago
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.
- I_am_tiberius 4y ago
  Ok, got it. My point was that you need to found a parent company in general. As I'm Austrian it doesn't matter if it's in the US, Canada, Singapore or Cayman Islands.
  - SkyAndSand 4y ago
    True, as Europeans we are basically always disadvantaged and need to set up a new entity to be able to receive an investment from YC (or likely most US investors).
    - hef19898 4y ago
      A lot of US investors have, afaik, EU branches. Plus, you can easily have foreign owners of RU entities. YC is special because they refuse to go throigj the pain of doing so. Fair enough I guess, considering the number of investments they do.