Inscrição YC de Lendtable

Summer 2020Active

Lendtable passou pela Y Combinator no batch Summer 2020 como uma empresa Fintech. Abaixo: o que a empresa faz, quem a fundou e sua inscrição para a YC, reconstruída pergunta por pergunta no formulário real da YC.

Batch YC: Summer 2020
Indústria: FintechCredit and Lending
Tamanho da equipe: 20
Status: Active
Lançada: 2020

Fundadores

Sheridan ClayborneFounder
Mitchell JonesFounder

O que Lendtable faz

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.

Inscrição YC de Lendtable, reconstruída

Inscrição Y Combinator

Lendtable, lote Summer 2020. As verdadeiras perguntas do formulário, respondidas com dados públicos.

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 respostas a mais na inscrição completa

Founders, Progress, Idea, Equity, Curious, Batch Preference estão na versão completa. Crie uma conta gratuita para abri-la no YC Insights, ao lado de todos os outros batches da YC.

Ver inscrição completa

Perguntas Frequentes

Esta é a inscrição real da YC de Lendtable?

Não. A Y Combinator mantém as inscrições submetidas em privado. Esta é uma reconstrução: as perguntas reais do formulário da YC, respondidas a partir dos dados públicos de Lendtable (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como Lendtable se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC Lendtable esteve?

Lendtable fez parte do batch Summer 2020 da Y Combinator.

Quem fundou o Lendtable?

O Lendtable foi fundado por Sheridan Clayborne, Mitchell Jones.

O que o Lendtable faz?

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

Como eu leio o application completo reconstruído?

Crie uma conta gratuita no Round Funded. A versão completa de 26 respostas do application do Lendtable, e de todos os outros lotes do YC, está no YC Insights.