# Y Combinator Application ## Company Profile **Company name:** **Company url, if any:** **Demo URL (if applicable):** **Describe what your company does in 50 characters or less:** **What is your company going to make?** **Where do you live now, and where would the company be based after YC?** ## Founders **URL of 1 minute introduction video:** **Who writes code, or does other technical work on your product? Was any of it done by a non-founder? Please explain?** **Are you looking for a cofounder?** ## Category **Which category best applies to your company?** **Where will most of your initial users be located?** ## Progress **How far along are you?** **How long have each of you been working on this? How much of that has been full-time?** **Are people using your product?** (If yes) **How many active users or customers do you have? How many are paying? Who is paying you the most, and how much do they pay you?** **Do you have revenue?** (If yes) **We're interested in your revenue over the last several months.** **Where does your revenue come from? If your revenue comes from multiple sources, please break down how much is coming from each source.** **Tell us more about your margins:** **Anything else you would like us to know regarding your revenue or growth rate?** **If you are applying with the same idea as a previous batch, did anything change? If you applied with a different idea, why did you pivot and what did you learn from the last idea?** **If you have already participated or committed to participate in an incubator, "accelerator" or "pre-accelerator" program, please tell us about it.** ## Idea **Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you're making?** **Who are your competitors? What do you understand about your business that they don't?** **How do or will you make money? How much could you make?** **Describe the next few stages in developing your product. For each stage, how much time and money will it take?** **If you were accepted into YC, what could you accomplish by Demo Day in late March?** **Does your product need regulatory approval (i.e., FDA)? If so, what is the approval process? What is your plan to get approved, and how much time and money will it take?** **Please describe the scientific basis for your product. How does it work?** **What experimental data (if any) do you have showing that this would work?** **How are users finding out about your product? How did you get the users you have now? If you run paid ads, how much do you spend each month and what is your cost of acquisition?** **If you track metrics around user engagement and retention, what are they?** ## Equity **Have you incorporated, or formed ANY legal entity yet?** **Have you issued stock to investors?** **Have you raised money using crowdfunding?** **Please describe the breakdown of the equity ownership in percentages among the founders, employees and any other stockholders.** **Have you taken any investment yet?** (if yes) **List any investments your company has received. Include the name of the investor, the amount invested, the premoney valuation / valuation cap, the type of security sold (convertible notes, safes or stock), and the investment date.** **How much money have you raised from investors in total in US Dollars?** **How much money do you spend per month?** **How much money does your company have in the bank now?** **How long is your runway?** **Are you currently fundraising?** **If you have not formed the company yet, describe the planned equity ownership breakdown among the founders, employees and any other proposed stockholders.** **Please provide any other relevant information about the structure or formation of the company.** ## Legal **Are any of the founders covered by noncompetes or intellectual property agreements that overlap with your project? If so, please explain.** **Who writes code, or does other technical work on your product? Was any of it done by a non-founder? Please explain.** **Have you received any government grants? If so, list the grants you've received, including the terms of the grant, who it's from, what it covers, and when you received it.** **Is there anything else we should know about your company? (Pending lawsuits, cofounders who have left, etc.)** ## Other **If you had any other ideas you considered applying with, please list them.** **Please tell us something surprising or amusing that one of you has discovered.** **What convinced you to apply to Y Combinator? Did someone encourage you to apply?** **How did you hear about Y Combinator?** ## Founder(s)Profile **Schools, Degrees (including field of study), and Years of Graduation** **Employers, Position / Titles and Dates** **Please tell us about the time you, [Your Name], most successfully hacked some (non-computer) system to your advantage.** **Please tell us in one or two sentences about the most impressive thing other than this startup that you have built or achieved.**