51–60 of 86 posts
Earlier quoted context omitted.
Population of Germany and the UK, respectively, compared to the United States (probably a little fuzzy because it was recalled from memory, though). Not only smaller pool of applicants, but also smaller markets.
The market of "Germany" is actually the entire EU, which is bigger than the US.
I think people will be surprised how well this works. 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 a…
Obviously, being good in-person and being able to convince a VC of your competence is a skill that likely correlates well to success with a startup, but I doubt that it is one to one.
Just like there are a lot of excellent engineers that get passed over frequently because they aren't good at white boarding, or interviews in general.
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.
I think people will be surprised how well this works. 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 a…
I'm trying to start a company, and I wouldn't dream of doing it any other way than remote. There's advantages and disadvantages, but I don't want to be paying SF office rent, SF salaries, SF benefits, and competing with the unicorns and tech giants in the area. I'd rather draw from a global talent pool and focus on how to minimize the drawbacks and maximize the advantages of doing so.
Plus neither my wife or I want to live in SF. We much prefer Vancouver. I'd move if it were really necessary for the business, but I'm glad that doesn't seem to be true.
Earlier quoted context omitted.
German notary requirements make investing hell compared to us or uk
My impression was that investments in US entities requires, kind of, a lawyer. So not that much different, if you ask me. With Germany being in the EU, you can also incorporate in whatever EU country you want. The UK is obviously out for now, but take Estonia for example. Makes taxes a lot more complex for the company, but much less so when compared to YCs way of transforming into a US Inc. with a German / EU local e…
I think people will be surprised how well this works. 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 a…
I'm watching it all with some amusement. I've worked remote my whole career, first because it was the only option where I lived, and then later by choice after I returned to the developed world. I'm trying to start a company, and I wouldn't dream of doing it any other way than remote. There's advantages and disadvantages, but I don't want to be paying SF office rent, SF salaries, SF benefits, and competing with the u…
Earlier quoted context omitted.
German notary requirements make investing hell compared to us or uk
My impression was that investments in US entities requires, kind of, a lawyer. So not that much different, if you ask me. With Germany being in the EU, you can also incorporate in whatever EU country you want. The UK is obviously out for now, but take Estonia for example. Makes taxes a lot more complex for the company, but much less so when compared to YCs way of transforming into a US Inc. with a German / EU local e…
Germany doesn’t kind of require a layer. You actually need a lawyer. In the Anglosphere you would be wise to procure the services of a lawyer if you’re doing anything remotely out of the ordinary and dealing with lots of money but if not you can set up an LLC or Ltd. or some other standard corporate structure using off the shelf documentation and b filling in the appropriate blanks yourself.