31–40 of 86 posts
AS IF EVERYONE KNOWS WTF AN S20 REMOTE BATCH IS. The article doesn't define what an S20 remote batch is, nor does it link anywhere that may indicate just what the hell an S20 remote batch may be. > We are confident we can produce a great remote batch. I'm sure you are. Thank you.
AS IF EVERYONE KNOWS WTF AN S20 REMOTE BATCH IS. The article doesn't define what an S20 remote batch is, nor does it link anywhere that may indicate just what the hell an S20 remote batch may be. > We are confident we can produce a great remote batch. I'm sure you are. Thank you.
There are a lot of great startups that will be born in these times. Many of them will be "remote native" -- operated remotely, remote YC, and potentially tackling problems that have arisen due to the remote world we're living in.
After this crisis is over, some things will go back to normal, but a lot of the changes will endure to varying degrees.
I think people are used to the power of in-person connection and physical reality, and most of us are craving it. But an incredible amount can happen in digital reality, and we are only just beginning to scratch that surface.
At minimum it is an interesting and necessary experiment.
AS IF EVERYONE KNOWS WTF AN S20 REMOTE BATCH IS. The article doesn't define what an S20 remote batch is, nor does it link anywhere that may indicate just what the hell an S20 remote batch may be. > We are confident we can produce a great remote batch. I'm sure you are. Thank you.
AS IF EVERYONE KNOWS WTF AN S20 REMOTE BATCH IS. The article doesn't define what an S20 remote batch is, nor does it link anywhere that may indicate just what the hell an S20 remote batch may be. > We are confident we can produce a great remote batch. I'm sure you are. Thank you.
If they now would be able to invest in foreign companies like GmbHs or UK Limiteds it would be perfect. I understand why they don’t want to do that but I think for a lot of companies to which YC could be interesting (us included) it’s simply not possible or very difficult to do a flip to a US company.
German notary requirements make investing hell compared to us or uk
The main problem is that you need to appear personally, otherwise it's not such a big deal I find.
If they now would be able to invest in foreign companies like GmbHs or UK Limiteds it would be perfect. I understand why they don’t want to do that but I think for a lot of companies to which YC could be interesting (us included) it’s simply not possible or very difficult to do a flip to a US company.
That increases complexity drastically for what's basically a third and a sixth of the reward, if even that. I don't think it makes that much sense.
I understand circumstances are forcing this to happen, but if online batches are now a possibility, the FAQs should be updated: "Can we do it without moving to where you are?" Sorry, no. We tried this once, and by Demo Day that startup was way behind the rest. What we do, we have to do in person. We would not be doing a startup a favor by not making them come to YC events in person. However, you don't have to be in s…
It's sort of crazy to make such a sweeping decision based on one case - especially when remote collaboration tools are improving on a quarterly basis. Of course statements like this are just rationalizations - not arguments employed to arrive at objective conclusions.
For other experiments, YC has discussed publically (fellowship, accepting people with no idea, early decision) there were what seemed externally at least to be well-run experiments with multiple accepted and some longer-term tracking to see how that worked. No remote seems to finally be getting that proper experimentation and treatment, I guess we'll see how that goes.
There are a lot of benefits to in person, I personally prefer working on things in-person to remote (in biotech, in-person really matters), but it'll be an interesting experiment this batch to see how much room there is for fully remote startup development across all the sectors they invest, both in terms of the batch itself and the companies individually.