I'm delighted to announce that Qasar Younis will be YC's first COO. Qasar will help scale our organization and operations as we tackle bigger and more ambitious projects--we've grown quite a bit in the past few years and now have a lot to do on the operations side. Along with his new responsibilities as COO, Qasar will primarily continue to invest in and advise companies.Qasar first joined YC as a founder and CEO of TalkBin, which was part of the Winter 2011 class. TalkBin was acquired by Google where he went on to lead business-facing products inside of Google Maps including google.com/business. He joined YC as a part-time partner in 2013 and full time in the 2014. Qasar has been in operational roles most of his career and we are all excited to see what he can do at YC.
Circle Medical is a company that's launched out of our Summer 2015 class that wants to make it easy for patients to get the routine primary care they need in a way that fits in with their lives. A patient simply downloads the Circle Medical app, scans their insurance card, picks a doctor
and books an appointment the doctor to visit them at home or at
TechCrunch's Fitz Tepper wrote about Circle Medical in a story published earlier this month:
"While other doctor-on-demand startups have existed for a while, Circle Medical’s goal is to provide a service that can used as a regular part of your life, not just in emergencies or last-minute situations.
To achieve this, the startup focuses on two pain points that traditionally keep patients tied town to a physical practice.
First, Circle Medical is considered in-network for over 97 percent of patients in California who have private insurance. This means a visit normally costs no more than your regular doctor, and often less.
The second unique aspect of Circle Medical is that all of its doctors are full time. This means you can pick a doctor and have them become your new primary care physician."
Read the full story here, and see the Hacker News discussion here.
When it comes to legal documents, you can never be too careful -- any small mistake or oversight could result in hefty costs. And at the moment, numerous legal documents involving hundreds of billions of dollars are created each year and subjected to only human review.
jEugene is a startup that launched this month out of our Summer 2015 class that automatically scans legal documents and detects difficult-to-spot errors. Notably, jEugene detects definitional errors, which are among the most common yet hardest to catch drafting mistakes lawyers make.
TechCrunch's Mike Butcher wrote about jEugene in a story published earlier this month:
"For years, software engineers have enjoyed the assistance of quality assurance software when writing computer code. Lawyers, however, are generally stuck with Microsoft Word. Yikes! So automated, intelligent reviewing of legal contracts by software should be the future. That’s where jEugene, a new YC startup as part of this summer’s batch, comes in.Read the full story on TechCrunch here.
This startup helps the drafters of legal documents catch mistakes that could be fatal to such documents’ validity or enforceability.
The original idea of Harry Zhou, who, as a first-year lawyer, was tasked with proofing a 250-page contract and wanted more than his supervising lawyer’s assurance that 'you did great,' jEugene scans through a legal document and highlights in text potential drafting mistakes in the document."
In Episode 5 of YC Startup School Radio, our host Aaron Harris sat down with David Tisch and Alan Tisch, the co-founders of mobile shopping app Spring, and Olga Vidisheva, the founder and CEO of e-commerce platform and YC W12 alum Shoptiques.
You can listen to the full hour-long episode on SoundCloud here or on iTunes here, and read the full transcript on Genius here.
In one interesting portion of Vidisheva's interview, she talked about how unexpectedly challenging she found it as a startup founder to find top-tier talent to hire:
Aaron: What's the thing that surprised you most in building Shoptiques? Is there anything you didn't expect when you started?
Olga: So, I [previously] worked at Goldman Sachs. I loved Goldman, and I think that the beauty of Goldman is that the people are so smart. I didn't realize how hard it is to actually hire smart people. I thought that everybody would be very driven and motivated off the get-go. I think it's because I was coming from Wellesley, going to Harvard, going to Goldman, and going to Y Combinator, where everybody was like, "Let's work hard." And then going around and being around people, you're like, "Oh my God. I guess not everybody's that driven and motivated." So I didn't realize how important and how hard hiring is. But now I learned my lesson, so.
Aaron: So now you only hire the best and the people who are gonna perform.
Olga: I think I always hired the best, but I didn't realize how hard it is to find the best, you know?
Aaron: Right. Yeah, especially as a small company. I mean, hiring as a small company, you're hiring against Google when it comes to engineering and you're hiring against, I don't know, like the largest companies in the world because they're the ones with budgets.
Olga: But to be honest, I also don't want people that maybe worked at Google, because they might just want to build this little thing. I want people who are thinking about the customer, who are thinking about the product all the time.
So finding the people that have the same mentality as you, because those are the people that are making millions of decisions about your product every single second, so you want to find people that think like you and finding that person is so hard.
A good shower can be refreshing and satisfying in a very singular way. Nebia, a startup that launched this month out of our Summer 2015 class, has created a device that promises to deliver that and more: dramatically improving on the traditional shower experience, while also cutting down significantly on water use.
Nebia has created a showerhead that atomizes water into millions of tiny droplets, covering 10 times more surface area than a regular shower. Nebia's patent-pending technology, called H2MICRO, means that more water comes into contact with your body, while at the same time, the device uses far less water than a typical showerhead -- providing a water savings of about 70 percent.
Earlier this month Nebia launched a Kickstarter campaign pre-selling its devices for its first shipment next spring, and has already fielded incredible demand. After only 12 days, more than 7,000 backers have pledged more than $2.5 million to Nebia, far exceeding the company's $100,000 goal.
Top Stories from the YC World - August 14-August 20, 2015
Congratulations To The YC Summer 2015 Class
Congratulations to all of the S15 founders!
Click & Grow
New Story Charity
The Ticket Fairy
TetraScience is a company in our current Summer 2015 class that's shifting that entire process to the cloud, by connecting scientific instruments directly to the web. TetraScience has developed a system that uses both hardware and software that allows researchers to remotely monitor and control their instruments, and automatically logs their data in the cloud.
TechCrunch's Mike Butcher wrote about TetraScience in an article published this past week:
"Here’s how it works. TetraScience Link, the hardware module, is like an Apple TV. A researcher can buy a Link, plug their scientific instrument in to it, and connect to the web via Wifi or Ethernet. Once online, a researcher can log in to their TetraScience account, enter their credentials, and activate their newly purchased Link. This process takes less than 5 minutes. On this dashboard, the researcher can monitor that instrument in real-time and control its behavior. Furthermore, the researcher can also set thresholds for alarms/alerts (e.g. hazardous overheating) and notifications (e.g. e-mail, SMS). Since the instrument is connected to the web, the data produced by the device is automatically stored in the cloud. Like with Facebook, they provide researchers with a timeline of experiments/events that occur with the experiments (e.g. the user and timestamp for starting/stopping an experiment).Read the full story on TechCrunch here.
They assured me they have several layers of security, so the results can’t be hacked into."
TechCrunch's Josh Constine wrote about the Ticket Fairy in a story published today:
"If you convince all your friends to go to a concert, shouldn’t the promoter give you a discount? Now they can with The Ticket Fairy, a full-stack events marketing and analytics suite coming out of stealth from Y Combinator today.Read the full story in TechCrunch here.
The Ticket Fairy’s goal is to make sure all its clients’ events sell out. Promoters let The Ticket Fairy sell their tickets, run their analytics, and handle ad buying in exchange for a fee on each ticket sold.
The startup sells 100% of an event’s inventory when it can, but sometimes exclusivity contracts with ticketers like TicketMaster mean it can only sell the 20% that a promoter has the right to distribute on its own. Eventually, though, co-founders Ritesh and Jigar Patel say The Ticket Fairy hopes to earn promoters so much money that they ditch their contracts and sell everything through its platform."
In Indonesia, 25 percent of the population currently has a smartphone, and smartphone penetration is growing by 20 percent year-over-year. But 80 percent of the population remains unbanked.
Xendit is a startup launching out of our current class that's bringing trusted mobile financial services to a country where banks have yet to prove their relevance to the majority of the population. Built for both Android and iOS, Xendit's app allows users to send or request money with just four taps of the phone.
TechCrunch's Matthew Lynley wrote about Xendit in a story published today:
"The company is billing itself as a more private money-transfer service that’ll beat companies like Venmo to the market in Southeast Asia. Users can transfer money within private groups, as well as chat, but it’s not about making those transactions public, co-founder Moses Lo said. Since starting the beta a few months ago, the company has 13,000 people using the service.
Users load money onto Xendit and they can send and request money from friends in the service or through phone numbers. The company not only has to work with Indonesian banks, but also ATM networks, Lo said.
'In Southeast Asia, it’s the perfect storm,' Lo said. 'One is a huge population with technology, two is nascent financial services, and third is it’s one of the most viral regions. In Indonesia, there’s [greater than 100 percent] penetration for phones. These people don’t have a bank account, penetration credit card is 3 percent, but there’s a huge population with technology.'"
Read the full story on TechCrunch here.