Railbird

Railbird YC Application

Winter 2022Acquired

Railbird went through Y Combinator in the Winter 2022 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
Winter 2022
Industry
Fintech
Team size
8
Status
Acquired
Launched
2022

Founders

  • Miles Saffran
    Miles SaffranFounder

What Railbird does

At Railbird, we are building a prediction market exchange designed to hedge and mitigate risk for the services sector. The Railbird team has years of experience analyzing companies in the service sector and has seen firsthand how little opportunity there is to hedge risk in volatile markets like hospitality, tourism, recreation, entertainment, and sports. The platform is designed to be open to all traders.

Railbird's YC application, reconstructed

Y Combinator application

Railbird, Winter 2022 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

Railbird

Describe what your company does in 50 characters or less.

A futures market for events.

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

We are building a prediction market exchange that lets anyone trade futures on outcomes in the services sector - things like hospitality, tourism, entertainment, and sports. Our platform helps users hedge risk around volatile, event-driven markets where there are few current options to do so.

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

We live and work in New York City, and the company is based here now and would remain here after YC.

Explain your decision regarding location.

New York is the center for the services sectors we focus on and where our team has deep experience. Being here gives us direct access to the markets, partners, and players we serve.

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 Railbird YC application?

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

What YC batch was Railbird in?

Railbird was part of the Y Combinator Winter 2022 batch.

Who founded Railbird?

Railbird was founded by Miles Saffran.

What does Railbird do?

A futures market for events.

How do I read the full reconstructed application?

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

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