Application YC di Lendtable

Summer 2020Active

Lendtable ha partecipato a Y Combinator nel batch Summer 2020 come azienda Fintech. Sotto: cosa fa l'azienda, chi l'ha fondata e la sua application a YC, ricostruita domanda per domanda nel form reale di YC.

Batch YC: Summer 2020
Settore: FintechCredit and Lending
Dimensione team: 20
Stato: Active
Lanciata: 2020

Founder

Sheridan ClayborneFounder
Mitchell JonesFounder

Cosa fa Lendtable

1 in 4 Americans do not get their full 401(k) match. That means 25 million workers are leaving $24 billion on the table in free employer contributions. The primary reason these workers cannot get their match is because they do not have enough to both cover living expenses and invest. Lendtable helps workers get thousands in additional income by giving them a cash advance to cover their living expenses so they can finally begin earning their employer match. Once their money has vested we take some of the match money earned in order to cover our expenses. Workers now have thousands of dollars more without putting any money down, and we make money helping them do so -- we win if they win.

Application YC di Lendtable, ricostruita

Domanda per Y Combinator

Lendtable, batch Summer 2020. Le vere domande del form, risposte da dati pubblici.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Lendtable

Describe what your company does in 50 characters or less.

We give employees cash advances for their 401k match and ESPP

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

We built a product that gives people cash advances to cover the money they would otherwise use for living expenses so they can contribute to their 401(k) or ESPP and get the employer match. Our app tracks vesting and collects a portion of the employer match earned to cover our costs. This unlocks free money for workers who usually miss out because they don't have extra cash.

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

We live in San Francisco, and the company will stay based here after YC.

Explain your decision regarding location.

San Francisco is where we live and where our network and talent pool are. Being here keeps us close to investors and early customers in fintech, so it simply makes sense to base the company here.

21 risposte in più nell'application completa

Founders, Progress, Idea, Equity, Curious, Batch Preference sono nella versione completa. Crea un account gratuito per aprirla in YC Insights, accanto a ogni altro batch YC.

Vedi domanda completa

Domande Frequenti

Questa è l'application YC reale di Lendtable?

No. Y Combinator mantiene private le application inviate. Questa è una ricostruzione: le domande del form YC reale, a cui si è risposto usando i dati pubblici di Lendtable (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come Lendtable si presenterebbe a YC, non il testo che hanno inviato.

A quale batch YC apparteneva Lendtable?

Lendtable apparteneva al batch Summer 2020 di Y Combinator.

Chi ha fondato Lendtable?

Lendtable è stato fondato da Sheridan Clayborne, Mitchell Jones.

Cosa fa Lendtable?

We give employees cash advances for their 401k match and ESPP

Come leggo la ricostruzione completa della application?

Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di Lendtable, e di ogni altro batch YC, è in YC Insights.