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YC Fellowship

blog.ycombinator.com

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51–60 of 399 posts

Re: YC Fellowship

#51

Post by colinbartlett »

A very interesting proposition! I am thrilled to see this kind of model come to life.

> Selected teams are strongly encouraged to move to the Bay Area for the program, but it’s not required.

I wish it wasn't so strongly encouraged. To move anywhere on a whim for 8 weeks is crazy to me, especially since the processes and tools for remote work are so readily available. It's becoming increasingly important to know and understand how to work with team members and stake holders all over the globe, so why not encourage that mindset from the very beginning?

Re: YC Fellowship

#52

Post by philippnagel »

katm wrote: 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.

How do you feel about teams pursuing a very long-term plan?

Re: YC Fellowship

#53

Post by [deleted] »

ghshephard wrote: post #8

So, I read through the description three times. And I'm puzzled as to what the real differences are between a YC Fellowship, and traditional YC investment. Are the key differences - that the Fellowship is a grant, not an equity investment (for $12K, rather than the larger YC investment), that it lasts for only 8 weeks, and that the Fellowships aren't required to move to the Bay Area?

[deleted]

Re: YC Fellowship

#54

Post by giarc »

vishalzone2002 wrote: post #42

can people working on side-projects/ideas while having a Full time job take part in this?

This is my question as well.

However, I read an answer by one of the YC staff and they told the commenter that a current college student could apply, as long as they were willing to take the semester off. So it sounds like they are serious about the full time work requirement.

Re: YC Fellowship

#55

Post by brianwawok »

tstactplsignore wrote: post #33
katm wrote: 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.

How do you feel about teams with a year of college left?

So close to graduation, I wouldn't throw away your degree for 12k. Degree may come in handy if you ever want a day job...

Re: YC Fellowship

#56

Post by sah2ed »

katm wrote: 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.

> We encourage you to come to Mountain View if you can make it, but remote interviews over video chat will be okay too ...

For remote teams with viable ideas that YC is interested in funding, how remote can such teams be? Can teams apply from outside the US; from Europe, Asia or Africa?

Re: YC Fellowship

#57

Post by mattkrisiloff »

graham1776 wrote: post #50
katm wrote: 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.

Are company cofounders required/suggested to have technical background or are industry professionals (non-technical) welcomed as well?

It's important to us that the team itself can build the product it's trying to create. When you try to hire contractors to build out an idea, it's expensive, slows down iteration speed, and it's really hard to judge the quality of their work if you're non-technical too. If your team is entirely non-technical, try to make a good case for why that won't be a problem, and what you're doing to close that skill gap.

Re: YC Fellowship

#58

Post by katm »

sah2ed wrote: post #56
katm wrote: 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.

> We encourage you to come to Mountain View if you can make it, but remote interviews over video chat will be okay too ... For remote teams with viable ideas that YC is interested in funding, how remote can such teams be? Can teams apply from outside the US; from Europe, Asia or Africa?

Yes absolutely. Teams from anywhere in the world are welcome to apply. We just ask that you have a strong internet connection that allows for clear, reliable video chats.

Re: YC Fellowship

#59

Post by sama »

philippnagel wrote: post #52
katm wrote: 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.

How do you feel about teams pursuing a very long-term plan?

Extra credit for that.
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