[jleyank]

The key question is whether they make non-US-ians move to the Valley to participate. Or, rephrasing, leave their home country to move to whichever piece of YC is cutting the check.

[tptacek]

Again: there were 4 countries, total, in the standard YC deal terms. Now there are 3. There are many hundreds of YC companies headquartered overseas.

The standard move in this situation is that you form a US Delaware C Corp and make your HQ a subsidiary.

[walterbell]

Delaware vs. Cayman for LatAm startups: https://news.ycombinator.com/item?id=46686745