Applications Open for Winter 2013 YC Funding • Hacker News Board

Re: Applications Open for Winter 2013 YC Funding

#151

Post by epicureanideal » Thu, Sep 13, 2012, 8:49 PM UTC

vecter wrote: post #59

epicureanideal wrote: post #54

I've been interested in applying to YC for quite a while, but recently I graduated and moved to the south bay (near Mountain View) for work. It really stood out to me this time that $11,000 + $3,000n is not a lot of money. With 3 founders that's $20,000. 3 founders working in the tech industry can make $20,000 PER MONTH on typical salaries. It seems like it would be more appealing to people without good paying work,…

(1) You get $150,000 from Start Fund. (2) As founders, you should NOT be paying yourselves real salary until you raise significant money. Even then, you should be paying yourselves on the order of $50-60K/year, modulo a few edge cases if you have a family, mortgage, etc.

50-60k in the BAY AREA? Yikes!

Re: Applications Open for Winter 2013 YC Funding

#152

Post by pbiggar » Fri, Sep 14, 2012, 1:22 AM UTC

dreaming2 wrote: post #150

pbiggar wrote: post #142

Earlier quoted context omitted.

YC doesn't care about immigration status, and doesn't even look (they're not hiring you).

But won't this matter if you get, for example, first round funding from a VC firm?

If you build a US based company that you intend to work at, you will need valid US immigration status. But YC doesn't care, they just assume you'll sort that out.

Re: Applications Open for Winter 2013 YC Funding

#153

Post by bcjordan » Fri, Sep 14, 2012, 3:07 AM UTC

pg wrote: post #9

hiddenstage wrote: post #2

PG, in the question asking if founders are available to move to the Bay Area, you still have June through August rather than January through March.

Fixed, thanks.

Did the "no idea" application option pan out last year? Is that being treated differently this cycle?

Re: Applications Open for Winter 2013 YC Funding

#154

Post by pg » Fri, Sep 14, 2012, 4:34 AM UTC

tersiag wrote: post #110

pg wrote: post #14

Earlier quoted context omitted.

Interviews are November 27 through December 1. The first dinner will be the first tuesday in January.

PG the first Tuesday in January 2013 happens to be New Years Day, 1-Jan-2013

When that happens we usually make it the second tuesday.

Re: Applications Open for Winter 2013 YC Funding

#155

Post by ralphacosta » Fri, Sep 14, 2012, 11:00 PM UTC

How does YC view larger start ups? For example a start up serving the enterprise with 6 people including sales and marketing? Too many people to participate in the program?

Re: Applications Open for Winter 2013 YC Funding

#156

Post by federicoweber » Mon, Sep 17, 2012, 12:23 PM UTC

mukaiji wrote: post #149

federicoweber wrote: post #96

Earlier quoted context omitted.

This is interesting for me also. I'm an Italian citizen and I would like to apply and relocate to the Bay Area. But I need to figure out the entire visa thing, and how to make it work for starting company.

Please look into the B category first (both b1 & B2), for the 3 months period. After YC, if you get funding, as a founder you should look at the E visa category. I believe E2 visa is the one for founders with secured funding that can realistically create 10 american jobs in the long run.

Thanks, I will dig into it.