At least half a dozen startup founders from non-Western markets say YC's fully remote S20 Demo Day put them on a more equal footing with their US counterparts
Due the merchant connected nature of their business the founders didn't bother applying to YC having to operate on a different timezone than their customer. Virtual YC baited them. They applied. Got in. Scaled. And raised $2 million https://twitter.com/... Tori Elliott / @telliotter : In many ways, the pandemic has not been the great leveler that some thought. But there are some ways the switch to everything-online-always has helped democratize opportunities for non-western startups, as @NilChristopher and I found at @ycombinator https://restofworld.org/... Nilesh Christopher / @nilchristopher : 4/ Indian startup @MedPiper that's building a database of verified doctors and nurses signed up to 40,000 medical professionals during its time with YC. All of it through in-person sales. Founders in Brazil, Tanzania and SEA echoed similar sentiment https://restofworld.org/... Natasha Madov / @natmadov : Zoom, the great equalizer for foreign startups looking for VC money in the COVID-19 era (via @restofworld) https://restofworld.org/... Nilesh Christopher / @nilchristopher : 3/ “You talk to other international founders, and they're like, Oh yeah, I spent most of YC on a plane,” said Iain Usiri, a Tanzanian founder whose startup Ramani presented at last week's Demo Day. By going remote, “The biggest logistical problem is solved,” he said https://twitter.com/... Nilesh Christopher / @nilchristopher : NEW | Wrote about the significance of Y-Combinator going remote from the POV of non-western founders that's often overlooked in its US-centric coverage. Thirty nine non-US countries presented — 23 Asian, 14 Latin American & 2 African https://restofworld.org/... w/t @telliotter https://twitter.com/... Nilesh Christopher / @nilchristopher : 2/ The remote experience flattened the in-person interactions that drive some of the tech industry's biggest deals. But founders from non-Western markets said the fully remote YC has put them on a more equal footing with their American counterparts https://restofworld.org/...
NEW: For the first time in its 15-year history, @ycombinator went fully remote & for foreign founders from Bangalore to Brazil this meant they're finally on a more equal footing with their American counterparts @telliotter & I report on its significance https://restofworld.org/..…
For the first time in its history, @ycombinator was fully remote, but for many startups, that was actually a plus. @NilChristopher @telliotter explain for @restofworld. https://restofworld.org/...
6/ The pandemic has forced investors to consider any and all investments remotely; it's leveled the playing field. But a willingness to close deals over Zoom hasn't changed some of the inherent challenges in raising money as a foreign startup https://restofworld.org/...
ICYMI: @NilChristopher covered how going remote helped non-American founders grow their businesses in this latest @ycombinator batch. @restofworld https://restofworld.org/...
5/ My favourite anecdote is @Bikayiapp — Due the merchant connected nature of their business the founders didn't bother applying to YC having to operate on a different timezone than their customer. Virtual YC baited them. They applied. Got in. Scaled. And raised $2 million https:…
In many ways, the pandemic has not been the great leveler that some thought. But there are some ways the switch to everything-online-always has helped democratize opportunities for non-western startups, as @NilChristopher and I found at @ycombinator https://restofworld.org/...
4/ Indian startup @MedPiper that's building a database of verified doctors and nurses signed up to 40,000 medical professionals during its time with YC. All of it through in-person sales. Founders in Brazil, Tanzania and SEA echoed similar sentiment https://restofworld.org/...
3/ “You talk to other international founders, and they're like, Oh yeah, I spent most of YC on a plane,” said Iain Usiri, a Tanzanian founder whose startup Ramani presented at last week's Demo Day. By going remote, “The biggest logistical problem is solved,” he said https://twitt…
NEW | Wrote about the significance of Y-Combinator going remote from the POV of non-western founders that's often overlooked in its US-centric coverage. Thirty nine non-US countries presented — 23 Asian, 14 Latin American & 2 African https://restofworld.org/... w/t @telliotter ht…
2/ The remote experience flattened the in-person interactions that drive some of the tech industry's biggest deals. But founders from non-Western markets said the fully remote YC has put them on a more equal footing with their American counterparts https://restofworld.org/...