Manalac: YC prefers startups enter unincorporated for clean legal setup
Kat Manalac · Office Hours with Kat Manalac · Y Combinator · Feb 15, 2017 · at 21:25
Y Combinator Partner Kat Manalac discusses how quickly funding is processed and why YC prefers unincorporated startups.
0:00 / 0:07exact quote · 7.6s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“We actually almost prefer companies not to be incorporated because then we, you know, it's a clean slate and we can help you do it right from the very beginning.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Kat Manalac
Manalac: Press is not a sustainable user acquisition strategy
“I think, you know, not to stress about press too much because press is not a sustainable user acquisition strategy, not even for You know, consumer companies, so it's not something to spend too much time thinking about.”
Mañalac: Do not hire PR help until inbound exceeds founder capacity
“You shouldn't bother thinking about hiring a firm or someone in-house until you have more funding and so much inbound that the founders can't deal with it themselves.”
Mañalac: Early-stage founders must treat pitching press like core business development
“So like BD or sales, which you wouldn't outsource early in your company's life, you shouldn't outsource pitching to press in the very early stages of your company.”
Mañalac: Viral startup stories must be easy for others to repeat
“You will need to tell it clearly and succinctly because the goal is to tell it in a way where other people, it makes it easy for other people to repeat that story for you and help you spread the word. That's how anything becomes viral.”