Candidature YC de Magna
Magna a été sélectionné par Y Combinator dans le cadre du batch Winter 2022 en tant qu'entreprise Fintech. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.
- Batch YC
- Winter 2022
- Secteur d'activité
- Fintech
- Taille de l'équipe
- 18
- Statut
- Acquired
- Lancé
- 2022
Fondateurs
Bruno FavieroFounder
Arun KirubarajanFounder
Ce que fait Magna
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.
Candidature YC de Magna, reconstruite
Candidature Y Combinator
Magna, promotion Winter 2022. Les vraies questions de candidature, répondues à partir de données publiques.
- 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 réponses supplémentaires dans la candidature complète
se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.
Questions fréquemment posées
Est-ce la vraie candidature YC de Magna ?
Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de Magna (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Magna se présenterait à YC, pas le texte qu'ils ont soumis.
À quel batch YC Magna appartenait-il ?
Magna faisait partie du batch Winter 2022 de Y Combinator.
Qui a fondé Magna ?
Magna a été fondé par Bruno Faviero, Arun Kirubarajan.
Que fait Magna ?
Carta for Web3: token vesting and DeFi investment management.
Comment lire la candidature complète reconstruite ?
Créez un compte Round Funded gratuit. La version complète de la candidature de Magna en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.
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