Application YC di Magna
Magna ha partecipato a Y Combinator nel batch Winter 2022 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
- Winter 2022
- Settore
- Fintech
- Dimensione team
- 18
- Stato
- Acquired
- Lanciata
- 2022
Founder
Bruno FavieroFounder
Arun KirubarajanFounder
Cosa fa 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.
Application YC di Magna, ricostruita
Domanda per Y Combinator
Magna, batch Winter 2022. Le vere domande del form, risposte da dati pubblici.
- 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 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.
Domande Frequenti
Questa è l'application YC reale di Magna?
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 Magna (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come Magna si presenterebbe a YC, non il testo che hanno inviato.
A quale batch YC apparteneva Magna?
Magna apparteneva al batch Winter 2022 di Y Combinator.
Chi ha fondato Magna?
Magna è stato fondato da Bruno Faviero, Arun Kirubarajan.
Cosa fa Magna?
Carta for Web3: token vesting and DeFi investment management.
Come leggo la ricostruzione completa della application?
Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di Magna, e di ogni altro batch YC, è in YC Insights.
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