Calling Y Combinator - need for YC in other countries
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Calling Y Combinator - need for YC in other countries
1–10 of 23 posts
Re: Calling Y Combinator - need for YC in other countries
#2That's good point, there is so much talent and so much economic activity in the BRIC countries that it is surprising that YC doesn't operate in those places.
Re: Calling Y Combinator - need for YC in other countries
#3I would love to see YC in Australia! Even just meetups and nothing too formal!
Re: Calling Y Combinator - need for YC in other countries
#4That's good point, there is so much talent and so much economic activity in the BRIC countries that it is surprising that YC doesn't operate in those places.
'Surprising'? I think pg has his hands full with the companies that he already helps, in a country where he knows how things work. Why would they go to some country where they don't speak the language, know the laws, or have many contacts? It would be insane, in my opinion.
Re: Calling Y Combinator - need for YC in other countries
#5Or, 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?
Re: Calling Y Combinator - need for YC in other countries
#6Any idea why there are no efforts of starting a YC-like organization in other parts of the world? The only attempt I remember was yc-europe but I think they are gone. Isn't there any bunch of angels or VC's that are interested in doing this?
Re: Calling Y Combinator - need for YC in other countries
#7That's good point, there is so much talent and so much economic activity in the BRIC countries that it is surprising that YC doesn't operate in those places.
'Surprising'? I think pg has his hands full with the companies that he already helps, in a country where he knows how things work. Why would they go to some country where they don't speak the language, know the laws, or have many contacts? It would be insane, in my opinion.
>>Why would they go to some country where they don't speak the language, know the laws, or have many contacts?
For the same reason companies expand to BRIC economies -- to make more money. Every growing business has their hands full with operations, however the challenge is to perform the balancing act of scaling up the business through expansion while keeping the existing business in order. I wouldn't call it insane though, risky is a more appropriate term imo. Nonetheless it is a sort of risk that many businesses manage to overcome successfully. I think the real question is whether pg manages YC as a business or as a hobby.
Re: Calling Y Combinator - need for YC in other countries
#8Or, 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?
I wish it was that easy to get a work visa to come into US :(. As PG said in one of the essays about why Silicon Valley is special, immigration is one area where it falls flat.
Getting a work visa is next to impossible these days. You apply by Apr 1 and you MAY know in OCT if your visa was approved or not - it is a lottery system.
6 months is a lifetime for a YC startup.
IMHO, there must be another solution, like setting up a YC hub in Vancouver or something :)
Re: Calling Y Combinator - need for YC in other countries
#9Any idea why there are no efforts of starting a YC-like organization in other parts of the world? The only attempt I remember was yc-europe but I think they are gone. Isn't there any bunch of angels or VC's that are interested in doing this?
In some countries there are laws that don't facilitate the formation of seed funding companies. e.g. A funding company can't simply take 5% equity for so much money in a brand-new company. Something like that. One reason among many.
Re: Calling Y Combinator - need for YC in other countries
#10Earlier quoted context omitted.
'Surprising'? I think pg has his hands full with the companies that he already helps, in a country where he knows how things work. Why would they go to some country where they don't speak the language, know the laws, or have many contacts? It would be insane, in my opinion.
>>Why would they go to some country where they don't speak the language, know the laws, or have many contacts? For the same reason companies expand to BRIC economies -- to make more money. Every growing business has their hands full with operations, however the challenge is to perform the balancing act of scaling up the business through expansion while keeping the existing business in order. I wouldn't call it insane…
Most companies try to grow in their home country prior to expanding abroad, and YC has yet to do any of that at all, as far as I know. Also, not all businesses try and grow all over the world in a short period of time. Some realize their limitations and try and concentrate on doing their niche really well, leaving other places to other people.
> I think the real question is whether pg manages YC as a business or as a hobby.
My offhand guess would be "as an experiment". Past comments have indicated that they do want to come out ahead with it, to justify its continued existence, but that it's too new to just start franchising it... it's not exactly like McDonalds in terms of their business model!