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YC Fellowship

blog.ycombinator.com

141–150 of 399 posts

Re: YC Fellowship

#141
post #23

Any mention of health insurance, or other things like that? One of the biggest reasons people do go to work for large companies instead of starting their own business is things like that. Without them, you're really only targeting the young kids right out of school, most of whom (but not all) don't really need that much in healthcare.

In CA with no income, health insurance is 100% free even with really strong income in the previous calendar year.

Re: YC Fellowship

#142
post #2

Kat from YC here. Sam, Matt Krisiloff and I are happy to answer any questions about the Fellowship. You can also send questions to fellowship@ycombinator.com.

Hey Kat, is it possible to apply for the fellowship & still be eligible to apply for the W16 class when the application opens up?

Yes!

We hope accepted teams will still apply to YC (the timeline for that will be a little bit later than the normal application period.

If you aren't accepted to YCF, you're definitely welcome to apply to YC W16 with no penalty as well -- try to make good progress though in the interim period.

Re: YC Fellowship

#143
post #2

Kat from YC here. Sam, Matt Krisiloff and I are happy to answer any questions about the Fellowship. You can also send questions to fellowship@ycombinator.com.

Hi! Matt here -- I'll be managing YC Fellowship. I'll be answering questions here throughout the day alongside Kat and Sam.

Is this US-only?

Re: YC Fellowship

#144
Commenting on just the first couple of lines: I'd say that what YC has contributed to, is to change the definition of what a startup is - which has had a multiplying effect.

Re: YC Fellowship

#145
post #2

Kat from YC here. Sam, Matt Krisiloff and I are happy to answer any questions about the Fellowship. You can also send questions to fellowship@ycombinator.com.

It's not specified nowhere what you are getting for your $12K and mentoring. Could you expand on that? Are you taking equities?

Re: YC Fellowship

#147

What about a situation where one cofounder is willing to go full-time with this YC Fellowship but the other would only work part time? How does that work out?

Sorry, we want all cofounders to work full-time for at least the duration of the program.

Re: YC Fellowship

#148
post #86

> $12000 France gives you a lumpsum of your unemployment benefits if you start a business. If you were paid an average engineer salary, 2200€ net pm, it makes 42000€, and it's called ACCRE. The condition is to be fired, and not on our heavy fault. Most of my friends negotiate giving cash to their employers to get fired, so they could get ACCRE. There are other grants (e.g. 6000€ for being a woman) and loans (28000€ f…

YCF offers office hours for 8 weeks, two events with the partners and the alumni network. And the $12k and €42k are not mutually exclusive.

How many €10M+ companies got started with ACCRE money? Probably not even as many as there are $1B+ YC companies.

Re: YC Fellowship

#149
post #2

Kat from YC here. Sam, Matt Krisiloff and I are happy to answer any questions about the Fellowship. You can also send questions to fellowship@ycombinator.com.

Hey Kat, thanks for being available for questions!

I'm currently on F-1 (student) visa, and I'll be graduating soon. And I think this may represent some other people's situation as well.

In order to maintain the visa status after graduation while working, I'll need an OPT (Optional Practical Training). OPT is supported by the school AND a company that hires the person full-time, and is commonly used before the employee gets an H1-B. Clearly if I work on an idea full-time, I won't be working for a established company in full-time. Will YCF be a able to help in this case if accepted? For example, by hiring the team as YC employee in paperworks for the 8 weeks, but allowing the team to work on their own ideas?

Re: YC Fellowship

#150
post #2

Kat from YC here. Sam, Matt Krisiloff and I are happy to answer any questions about the Fellowship. You can also send questions to fellowship@ycombinator.com.

Hi! Matt here -- I'll be managing YC Fellowship. I'll be answering questions here throughout the day alongside Kat and Sam.

I think you have the most fun job in Silicon Valley.
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