Buttercoin YC Application

Summer 2013Inactive

Buttercoin went through Y Combinator in the Summer 2013 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2013
Industry: FintechBanking and Exchange
Team size: 11
Status: Inactive
Launched: 2013

Founders

Bennett HoffmanFounder

What Buttercoin does

Buttercoin is an open source, high-volume digital trading engine used to arrange trades in an order book.

Buttercoin's YC application, reconstructed

Y Combinator application

Buttercoin, Summer 2013 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Buttercoin

Describe what your company does in 50 characters or less.

Bitcoin Marketplace

What is your company going to make? Please describe your product and what it does or will do.

We built an open source, high-volume digital trading engine designed to match buy and sell orders for bitcoin in an order book format. Our product allows users to trade bitcoin securely with fast execution and transparency. It handles the complexities of digital currency exchange and focuses on building infrastructure that can support large volumes.

Where do you live now, and where would the company be based after YC?

We live and work primarily in New York City and Palo Alto. After YC, the company would be based in either location depending on where we find the best access to talent and partners.

Explain your decision regarding location.

We chose New York for its financial ecosystem and Palo Alto for the tech talent and startup community. The team splits time between both to stay close to users and partners in finance as well as Silicon Valley resources.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Buttercoin YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Buttercoin's public data (launch notes, founder backgrounds, product description). It shows how a company like Buttercoin would present itself to YC, not the text they submitted.