Not a YC founder, but this is factually not true. YC allows Delaware, Cayman, Canada, and Singapore corporations [0]. Pre-empting the accusation that "cayman c

Not a YC founder, but this is factually not true. YC allows Delaware, Cayman, Canada, and Singapore corporations [0]. Pre-empting the accusation that "cayman companies are about tax dodging": Cayman companies are a great fit for heavily international businesses that do not reside in the USA, but that want to be governed as if they were, because cayman corporate law is basically delaware's. A good example is Nubank, which is a cayman corp that does most of it's business in LatAm. The reason a company like this should not be a delaware c-corp is so that, in case of an acquisition of the companies assets, the holding company doesn't have to pay usa taxes (which is reasonable, since the company didn't have usa operations to begin with). [0]: https://www.ycombinator.com/deal https://www.ycombinator.com/deal