OWNY

OWNY YC Application

Summer 2018Active

OWNY went through Y Combinator in the Summer 2018 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 2018
Industry
Fintech
Team size
10
Status
Active
Launched
2018

Founders

  • Umed Latifov
    Umed LatifovFounder
  • Ola Wiberg
    Ola WibergFounder/CTO

What OWNY does

Owny provides businesses with a turn-key portal to issue Funds, SAFEs and Notes. Your portal is fully equipped to manage investors, treasury, multi-currency accounts and ability to send and request ACH/Wire payments globally. Optional features include seamless crypto custody and solutions through Coinbase Institutional.

OWNY's YC application, reconstructed

Y Combinator application

OWNY, Summer 2018 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

OWNY

Describe what your company does in 50 characters or less.

Manage capital, investors & banking in one place.

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

We built a portal that lets businesses issue Funds, SAFEs, and Notes, manage their investors, treasury, and multi-currency accounts, and handle ACH and wire payments globally. We also offer optional crypto custody through Coinbase Institutional to cover new asset classes.

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

We live in Palo Alto, CA, and the company will continue to be based here after YC.

Explain your decision regarding location.

Palo Alto puts us in the center of fintech and crypto talent and investors. Being here lets us move fast building relationships with banks, investors, and institutional crypto partners.

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 OWNY YC application?

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

What YC batch was OWNY in?

OWNY was part of the Y Combinator Summer 2018 batch.

Who founded OWNY?

OWNY was founded by Umed Latifov, Ola Wiberg.

What does OWNY do?

Manage capital, investors & banking in one place.

How do I read the full reconstructed application?

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

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