Long Term Stock Exchange

Long Term Stock Exchange YC Application

Summer 2017Active

Long Term Stock Exchange went through Y Combinator in the Summer 2017 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 2017
Industry
FintechBanking and Exchange
Team size
68
Status
Active
Launched
2017

Founders

  • Eric Ries
    Eric RiesFounder/CEO
  • John Bautista
    John BautistaFounder

What Long Term Stock Exchange does

LTSE partners with companies across their lifecycle to help them grow and scale from formation through IPO. The Long-Term Stock Exchange (LTSE) is an SEC-regulated national securities exchange designed to align great companies and long-term investors with the shared goal of value creation. They have assembled a world-class team of experts and advisors with deep expertise in finance, regulation, law, and technology. At every stage, from private investment into the public markets, strategically managing equity and a company's cap table has an outsized impact on long-term success. So in addition to the exchange, LTSE also built LTSE Equity, a full-lifecycle cap table management solution for planning, managing, and collaborating on startup equity. Eric Ries, an entrepreneur and author of the New York Times bestseller, The Lean Startup, is the founder of the LTSE. Eric is the creator of the Lean Startup methodology, a global movement and management philosophy practiced by companies large and small. He founded a number of startups, including IMVU, where he served as CTO, and has advised on business and product strategy for startups, venture capital firms, and large companies, including GE, partnering with them on the FastWorks program.

Long Term Stock Exchange's YC application, reconstructed

Y Combinator application

Long Term Stock Exchange, Summer 2017 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Long Term Stock Exchange

Describe what your company does in 50 characters or less.

LTSE is an ecosystem for visionary business.

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

We built the Long-Term Stock Exchange, an SEC-regulated national securities exchange designed to align companies and long-term investors. We also developed LTSE Equity, a cap table management solution that helps companies plan, manage, and collaborate on equity from formation through IPO.

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

We live in San Francisco, CA, and the company is based there with a remote team.

Explain your decision regarding location.

San Francisco is a fintech hub with strong connections to startups, investors, and regulators. The ecosystem here helps us build and scale a regulated exchange and equity platform.

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.

Frequently Asked Questions

Is this the real Long Term Stock Exchange YC application?

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

What YC batch was Long Term Stock Exchange in?

Long Term Stock Exchange was part of the Y Combinator Summer 2017 batch.

Who founded Long Term Stock Exchange?

Long Term Stock Exchange was founded by Eric Ries, John Bautista.

What does Long Term Stock Exchange do?

LTSE is an ecosystem for visionary business.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Long Term Stock Exchange's application, and every other YC batch, is in YC Insights.

More YC startups like Long Term Stock Exchange