Its an app focussed in India, I was wondering why would you need YC. It certainly must be a great experience and is a brand among people in startup world (doubt beyond it), but unless you have imminent global plans does it still make a compelling sense. And does the YC brand help you establish a trust factor in India, more than TV advertisements, or celebs like a cricketer or etc as your brand ambassador.
I would certainly want to YC, if I had a product that I want people in US/Canada/Europe to use.
Hi Naval.This is an extremely interesting question! Even when we were applying, we didn't think from this angle! :)
Why YC made sense to us was because of it's network of super smart people who have seen a lot, done a lot. We want to build a really good product that solves a big pain point in India. YC helps tremendously in building good products with it's people and resources at hand.
Also it is a great environment for founders to learn things in a concentrated way beyond tangible sources such as books, videos and blogs. It becomes like a bootcamp for us.
In the end founders are people who need to keep up to build a great company! :)
YC gives a jumpstart. All the trust building with customers will come by providing a great service first, then by all the traditional and non traditional media means.
I am not sure but maybe the people who later might help this company or required for its success - future VCs, top talents they would want to hire, press coverage and all - might be influenced by the YC tag and it might work for Piggy in this way. And the YC networking as they say.
I do think it would help in hiring tech talents and maybe also with raising future rounds at high valuations. I know more about the first than the second.
Also it does make me happy to see more Indian startups being a part of YC.
Its an app focussed in India, I was wondering why would you need YC. It certainly must be a great experience and is a brand among people in startup world (doubt beyond it), but unless you have imminent global plans does it still make a compelling sense. And does the YC brand help you establish a trust factor in India, more than TV advertisements, or celebs like a cricketer or etc as your brand ambassador.
I would certainly want to YC, if I had a product that I want people in US/Canada/Europe to use.