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Calling Y Combinator - need for YC in other countries

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Re: Calling Y Combinator - need for YC in other countries

#11

I would love to see YC in Australia! Even just meetups and nothing too formal!

yeah, i agree. if setting up seed funding is too complicated, starting regular meets or something like startup school will still be very beneficial. In fact, that will help more than hard cash.

Re: Calling Y Combinator - need for YC in other countries

#12
post #11

I would love to see YC in Australia! Even just meetups and nothing too formal!

yeah, i agree. if setting up seed funding is too complicated, starting regular meets or something like startup school will still be very beneficial. In fact, that will help more than hard cash.

"In fact, that will help more than hard cash."

Totally agree with that. If I ever decide to take my ambitions any further, I can come up with a fair amount of money myself. But the advice and insight that could come from other players in the arena would be nigh-impossible to find where I am.

Re: Calling Y Combinator - need for YC in other countries

#14
YC is in other countries. 5 of the 20 startups in the current batch have non-US founders.

In fact, non-US founders seem to do better on average than US founders. I'm not sure exactly why; probably because they have to be more committed, and commitment is the biggest predictor of success in a startup. But whatever the reason, YC clearly works internationally.

I think software/web startups are basically international now. It's all one big market. Now all we need to do is explain this to the governments.

Re: Calling Y Combinator - need for YC in other countries

#15
post #14

YC is in other countries. 5 of the 20 startups in the current batch have non-US founders. In fact, non-US founders seem to do better on average than US founders. I'm not sure exactly why; probably because they have to be more committed, and commitment is the biggest predictor of success in a startup. But whatever the reason, YC clearly works internationally. I think software/web startups are basically international n…

pg, what is your opinion on starting something on the lines of startup school in international locations?

Re: Calling Y Combinator - need for YC in other countries

#16
post #15
post #14

YC is in other countries. 5 of the 20 startups in the current batch have non-US founders. In fact, non-US founders seem to do better on average than US founders. I'm not sure exactly why; probably because they have to be more committed, and commitment is the biggest predictor of success in a startup. But whatever the reason, YC clearly works internationally. I think software/web startups are basically international n…

pg, what is your opinion on starting something on the lines of startup school in international locations?

Startup school is even more international, because it's less of a commitment to come to the US for a weekend than for 3 months.

Sure, you have to fly and find somewhere to stay, but you have to do that from most places in the US too.

Re: Calling Y Combinator - need for YC in other countries

#17
post #14

YC is in other countries. 5 of the 20 startups in the current batch have non-US founders. In fact, non-US founders seem to do better on average than US founders. I'm not sure exactly why; probably because they have to be more committed, and commitment is the biggest predictor of success in a startup. But whatever the reason, YC clearly works internationally. I think software/web startups are basically international n…

There was an article on the San Jose Mercury News last year that talked about the percentage of foreign-born founders of successful startups in the Valley was around 40-50%. If I find a link, I'll post it.

Anyway, they interviewed a number of foreign born founders, and the consensus was that it took so much risk to move to another country as an immigrant, the risk of founding a startup really seemed small in comparison.

Having grown up in Central America in the 80's myself, I'd also postulate that you're able to think outside the box a bit better as well. Why? Because to the immigrant, everything in a new country is so profoundly different to begin with, that you barely see the boxes that so many other native-born people are hung up on.

Re: Calling Y Combinator - need for YC in other countries

#18
post #5

Or, equally useful would be if YC and clones could help smooth candidates' entry into the US. Has YC ever considered signing off on the founders' visas as their employer? Or providing the services of a good immigration lawyer for free? Perhaps this should be the task of some of the overseas YC "clones" to come to SV, setup shop and perform the above, given the location's well known advantages?

there could be multiple solution - one can start the yc shop in Canada and/or BRIC - the talent market in these countries is huge - the other option for pg is to see whether they can start franchising - the most important thing in this model is connections with VCs - if someone can bring VCs on board then even few investors, entrepreneurs and hackers can come together and start a clone.

Re: Calling Y Combinator - need for YC in other countries

#19
There's a reason that YC is based in Boston and the Valley. The culture of risk, entrepreneurial spirit, invetment and technology in the Valley is like no other place I've ever lived, and that includes 6 states and 3 countries. Not that it's a utopia. It's not. But, if you're going to found a startup, it's the place to be.

I moved here two years ago, and I'm working as a nurse while I finish my CS degree. My goal is to be a serial entrepreneur when I'm done, and I've been setting up my life to do that for 4-5 years now. Since being here, I've received 2 offers for funding in the past 2 years. I've also been offered several introductions to VC's from people I work with in my hospital. I'm not even done with school, and I've barely talked about starting a software business at work without giving specifics. You won't get that any place else on the planet.

Re: Calling Y Combinator - need for YC in other countries

#20
post #14

YC is in other countries. 5 of the 20 startups in the current batch have non-US founders. In fact, non-US founders seem to do better on average than US founders. I'm not sure exactly why; probably because they have to be more committed, and commitment is the biggest predictor of success in a startup. But whatever the reason, YC clearly works internationally. I think software/web startups are basically international n…

"I think software/web startups are basically international now. It's all one big market. Now all we need to do is explain this to the governments."

But there is a big difference between applications and their usage in certain international markets. Even if web applications are international, many apps are mainly focused on a North American/ Western European market.

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