Magna

Inscrição YC de Magna

Winter 2022Acquired

Magna passou pela Y Combinator no batch Winter 2022 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
Winter 2022
Indústria
Fintech
Tamanho da equipe
18
Status
Acquired
Lançada
2022

Fundadores

  • Bruno Faviero
    Bruno FavieroFounder
  • Arun Kirubarajan
    Arun KirubarajanFounder

O que Magna faz

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.

Inscrição YC de Magna, reconstruída

Inscrição Y Combinator

Magna, lote Winter 2022. As verdadeiras perguntas do formulário, respondidas com dados públicos.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Magna

Describe what your company does in 50 characters or less.

Carta for Web3: token vesting and DeFi management

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

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.

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

We live in New York, NY, and after YC the company would remain based there.

Explain your decision regarding location.

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 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.

Perguntas Frequentes

Esta é a inscrição real da YC de Magna?

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 Magna (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como Magna se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC Magna esteve?

Magna fez parte do batch Winter 2022 da Y Combinator.

Quem fundou o Magna?

O Magna foi fundado por Bruno Faviero, Arun Kirubarajan.

O que o Magna faz?

Carta for Web3: token vesting and DeFi investment management.

Como eu leio o application completo reconstruído?

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

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