I just received rejection email (non 10%), I’m building a fintech in Brazil & LATAM for Cross Border Payment Processing, small team (9 people, including 3 co-founders), nice traction (from 0 to U$100k+ MRR in 10 months, and 30+ clients) and low costs (U$25k/month).
We are already generating cash (around U$75k/month) and I got 2 recommendations from old friends that was accepted at YC, also some others founders reviewed my application and said it was strong, so I was thinking about having a good interview chance, but not happened.
My primary goal with YC would be the B2B connections (make more business) and also raise faster.
So I was discussing with my co-founders if we should bootstrap or try to raise with VC’s (3 of them reached out to us and we already talked).
Let’s advance and keep building
We are already generating cash (around U$75k/month) and I got 2 recommendations from old friends that was accepted at YC, also some others founders reviewed my application and said it was strong, so I was thinking about having a good interview chance, but not happened.
My primary goal with YC would be the B2B connections (make more business) and also raise faster.
So I was discussing with my co-founders if we should bootstrap or try to raise with VC’s (3 of them reached out to us and we already talked).
Let’s advance and keep building
you’re a big boy, go raise a seed round from a big name venture firm. Yc is ideation Stage to light traction not 1.2 million ARR lol