Calling Y Combinator - need for YC in other countries

Post by wumi » Sun, Mar 30, 2008, 7:53 PM UTC

iamelgringo wrote: post #17

pg wrote: 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 comparis…

Post by prakash » Mon, Mar 31, 2008, 4:19 PM UTC

pg wrote: 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…