Заявка Cheddar в YC

Summer 2014Inactive

Cheddar прошел Y Combinator в потоке Summer 2014 как компания из сферы Fintech. Ниже: чем занимается компания, кто ее основал, и ее заявка в YC, реконструированная вопрос за вопросом в реальной форме YC.

Поток YC: Summer 2014
Сфера: FintechBanking and Exchange
Размер команды: 2
Статус: Inactive
Запущено: 2014

Фаундеры

Alex FryerFounder/CEO
Brian BrunnerFounder

Чем занимается Cheddar

Ditch your bare-bones, high-fee checking account. You deserve free and powerful everyday banking. Nearly 3 out of 4 millennials would rather go to the dentist than listen to their bank. While it's possible that we just really love our oral hygiene, it's more likely that we don't trust or like our banks. It's not hard to understand why. Big banks use big budgets and armies of salespeople and marketers to sell old-school products layered with fees and penalties. Their profits increase when we spend more, overuse debt, and make mistakes like overdrafting. Big banks get away with this because banking is such a vital service. Everyday spending and saving decisions that begin at the checking account ultimately determine whether we'll lead a healthy and secure financial life. What can be done? Bill Gates believes banks aren't necessary for banking. Millennials believe technology companies can make banking better. So let's build a better bank. Cheddar is a new mobile bank account, debit card, and business model to free the world from underpowered checking accounts and evil banks.

Заявка Cheddar в YC, реконструирована

Заявка Y Combinator

Cheddar, батч Summer 2014. Реальные вопросы из анкеты, ответы из публичных данных.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Cheddar

Describe what your company does in 50 characters or less.

The Best Mobile Checking Account

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

We are building a mobile bank account with a debit card designed for millennials who hate traditional banks. Our product offers a free alternative to checking accounts loaded with fees and penalties. It helps people take control of their everyday spending and saving without the usual traps big banks set.

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

We do not have a fixed location now, and plan to base the company wherever makes the most sense after YC.

Explain your decision regarding location.

We want to stay flexible given the small size of our founding team and the early stage of the product, focusing on testing and customer acquisition wherever possible.

21 еще ответ в полной заявке

Founders, Progress, Idea, Equity, Curious, Batch Preference находятся в полной версии. Создайте бесплатную учетную запись, чтобы открыть ее в YC Insights, рядом с каждым другим потоком YC.

Смотреть полную заявку

Часто задаваемые вопросы

Это реальная заявка Cheddar в YC?

Нет. Y Combinator держит поданные заявки в приватности. Это реконструкция: реальные вопросы формы YC, ответы на которые основаны на публичных данных Cheddar (заметки о запуске, бэкграунд фаундеров, описание продукта). Это показывает, как компания вроде Cheddar представила бы себя YC, а не текст, который они подали.