
Magna YC-Bewerbung
Magna durchlief Y Combinator im Winter 2022-Batch als ein Fintech-Unternehmen. Unten: Was das Unternehmen tut, wer es gegründet hat und seine Bewerbung bei YC, Frage für Frage im echten YC-Formular rekonstruiert.
- YC-Batch
- Winter 2022
- Branche
- Fintech
- Teamgröße
- 18
- Status
- Acquired
- Gestartet
- 2022
Gründer
Bruno FavieroFounder
Arun KirubarajanFounder
Was Magna tut
Magna is building a platform to turn DeFi investments into financial primitives. Our first product is Carta for Web3, where companies can manage their cap tables and distribute their token equity to employees, advisors, or investors. We’re also building investor infrastructure for institutions to custody investments with on-chain execution and intelligence. Our ultimate goal is to use locked tokens as composable building blocks to power collateralized lending, liquid secondary markets, and other DeFi applications. Launching a token? Let's chat. Are you receiving tokens from your investments? We can also be helpful. What are our companies saying about the problem? > Having it all bundled together would make life easier. We have a million things to do. If you have an off-the-shelf thing, we’d use it. > This wouldn’t be a nice to have, it’d be a have to have. > Terrible process. We’re manually sending out transactions, going to solscan and manually check that they received our token. Takes hours every week. > Everything we do is potentially very dangerous. We have to check it thoroughly. I’ve spent several hours a day on this since launch. I imagine every month, it’ll take us at least 1-2 days. > Manual process every month for the ops team. They likely burn a week.... every month to pay out 150+ addresses.
Magnas YC-Bewerbung, rekonstruiert
Y Combinator Bewerbung
Magna, Winter 2022 Batch. Die echten Fragen des Antrags, beantwortet aus öffentlichen Daten.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Magna
Carta for Web3: token vesting and DeFi management
We build a platform that turns DeFi investments into financial primitives. Our first product is a Web3 cap table manager that handles token equity distributions for companies, employees, advisors, and investors. We also provide investor infrastructure to custody DeFi investments, execute on-chain transactions, and offer intelligence. Our goal is to make locked tokens useful for lending, secondary markets, and other DeFi uses.
We live in New York, NY, and after YC the company would remain based there.
New York is where we formed the company and built our core team. It connects us directly to many fintech and crypto investors and partners, which is critical for our product and business.
21 weitere Antworten in der vollständigen Bewerbung
Founders, Progress, Idea, Equity, Curious, Batch Preference sind in der Vollversion. Erstelle ein kostenloses Konto, um es in YC Insights neben jedem anderen YC-Batch zu öffnen.
Häufig gestellte Fragen
Ist das die echte YC-Bewerbung von Magna?
Nein. Y Combinator hält eingereichte Bewerbungen privat. Dies ist eine Rekonstruktion: die echten Fragen des YC-Formulars, beantwortet aus den öffentlichen Daten von Magna (Veröffentlichungsnotizen, Gründerhintergründe, Produktbeschreibung). Sie zeigt, wie sich ein Unternehmen wie Magna bei YC präsentieren würde, nicht den Text, den sie eingereicht haben.
In welchem YC-Batch war Magna?
Magna war Teil des Y Combinator Winter 2022-Batches.
Wer hat Magna gegründet?
Magna wurde von Bruno Faviero, Arun Kirubarajan gegründet.
Was macht Magna?
Carta for Web3: token vesting and DeFi investment management.
Wie lese ich die vollständige, rekonstruierte Bewerbung?
Erstelle ein kostenloses Round Funded Konto. Die vollständige 26-Antwort-Version der Bewerbung von Magna, und jede andere YC-Kohorte, findest du in YC Insights.