Cadran Cowansage</a>, a software engineer at YC, <a href=https://www.ycombinator.com/"https://blog.ycombinator.com/join-leap-an-online-community-for-women//">started building</a> Leap, an online community for women in tech. This YC project led to thousands of women talking openly about their experiences and sharing career insight.\nToday, Cadran and her two co-founders, Abadesi Osunsade and Kuan Luo, are spinning Leap (now Elpha) out of Y Combinator and launching as an independent company. We believe in Elpha’s mission to build a place for women to share information and gain access to employment opportunities, and we’re excited to fund her and her co-founders in the next YC batch. You can learn more about Elpha at <a href=https://www.ycombinator.com/"http://elpha.com/">elpha.com.

I’d like to personally thank Cadran for her hard work and everything she has contributed during her three years at YC.\nCongratulations, Team Elpha!\n","comment_id":"1103421","feature_image":null,"featured":false,"visibility":"public","email_recipient_filter":"none","created_at":"2019-02-04T01:00:44.000-08:00","updated_at":"2021-10-20T11:58:02.000-07:00","published_at":"2019-02-04T01:00:44.000-08:00","custom_excerpt":null,"codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"61fe29e3c7139e0001a710b0","name":"Michael Seibel","slug":"michael-seibel","profile_image":"/blog/content/images/2022/02/Michael.jpg","cover_image":null,"bio":"Michael Seibel is a Group Partner and Managing Director, Early Stage at YC. He was the cofounder and CEO Justin.tv and Socialcam. Socialcam sold to Autodesk in 2012 and Justin.tv became Twitch.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/michael-seibel/"}],"tags":[{"id":"61fe29efc7139e0001a7116f","name":"Female Founders","slug":"female-founders","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/female-founders/"},{"id":"61fe29efc7139e0001a71173","name":"YC News","slug":"yc-news","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/yc-news/"}],"primary_author":{"id":"61fe29e3c7139e0001a710b0","name":"Michael Seibel","slug":"michael-seibel","profile_image":"https://ghost.prod.ycinside.com/content/images/2022/02/Michael.jpg","cover_image":null,"bio":"Michael Seibel is a Group Partner and Managing Director, Early Stage at YC. He was the cofounder and CEO Justin.tv and Socialcam. Socialcam sold to Autodesk in 2012 and Justin.tv became Twitch.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/michael-seibel/"},"primary_tag":{"id":"61fe29efc7139e0001a7116f","name":"Female Founders","slug":"female-founders","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/female-founders/"},"url":"https://ghost.prod.ycinside.com/leap-spins-out-of-yc/","excerpt":"In 2017, Cadran Cowansage [https://twitter.com/cadran_c], a software engineer at\nYC, started building\n[https://blog.ycombinator.com/join-leap-an-online-community-for-women/] Leap, an\nonline community for women in tech. This YC project led to thousands of women\ntalking openly about their experiences and sharing career insight.\n\nToday, Cadran and her two co-founders, Abadesi Osunsade and Kuan Luo, are\nspinning Leap (now Elpha) out of Y Combinator and launching as an independent\ncompany. We believe","reading_time":0,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},"mentions":[],"related_posts":[{"id":"63121593a32f070001d5027b","uuid":"7f73d024-644c-4811-9eaa-2e45b7760020","title":"YC Jobs Series: Women Engineers in Startups","slug":"women-engineers-in-startups","html":"This fall, we are hosting our second annual <a href=https://www.ycombinator.com/"https://www.ycombinator.com/events/yc-women-eng-in-startups-2022/">Women Engineers in Startups</a> program. The program brings together a cohort of women engineers who are interested in finding roles at fast growing startups.YC will host a 3-week-long series where participants meet once a week for two-hour sessions. During these sessions, you will hear from women founders, women who joined YC startups as early engineers and engineering managers, and startup recruiters. You’ll build a community of peers and learn about building a career at a tech startup. The program will culminate in interviews at YC startups who are excited to hire their next engineers.Topics discussed will include:<ul><li>Why join a startup and what are the pros and cons</li><li>How to determine where you should work and what should you look for in a startup and founding team</li><li>How to prepare for the interview process – including live feedback on your interview skills from technical recruiters</li></ul>Each week, we will also host intimate breakout sessions with founders, engineers and hiring managers to dig deeper into startups and navigating your career. Our speakers come from a variety of YC startups – from early stage to growth stage – including:<ul><li><a href=https://www.ycombinator.com/"https://twitter.com/jalehr/">Jaleh Rezaei</a>, Co-founder & CEO of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/mutiny/">Mutiny

Reshma Khilnani</a>, Co-founder & CEO of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/medplum/">Medplum, prior co-founder & CTO of MedXT and YC Visiting Group Partner</li><li><a href=https://www.ycombinator.com/"https://twitter.com/sdianahu/">Diana Hu</a>, Co-founder & CTO of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/escher-reality/">Escher Reality</a> and YC Visiting Group Partner</li></ul>If you are a software engineer who is considering or already looking for your next role, this series is for you. We want to help you transition to a startup.To apply for the program, visit <a href=https://www.ycombinator.com/"https://www.ycombinator.com/events/yc-women-eng-in-startups-2022/">YC’s Work at a Startup</a>, create a profile, and <a href=https://www.ycombinator.com/"https://www.ycombinator.com/events/yc-women-eng-in-startups-2022/">apply to the program</a> by September 13th. (Note that profiles are visible to YC founders and hiring managers at YC startups. If you’re not ready to share your profile, please specify so on the application.)<center>\n<a class=\"ycdc-retro-btn ycdc-retro-btn-gold mt-[-10px] ml-[13px]\" href=https://www.ycombinator.com/"https://www.ycombinator.com/events/yc-women-eng-in-startups-2022/?utm_source=ycblog\%22 style=\"text-decoration: none;\" title=\"Women Engineers in Startups\" target=\"_blank\">Apply Now</a>\n</center>At YC, we use an inclusive definition of “women” and welcome trans women as well as genderqueer and non-binary people who identify as women or femme in any way.","comment_id":"63121593a32f070001d5027b","feature_image":"/blog/content/images/2022/09/BlogTwitter-Image-Template.jpeg","featured":false,"visibility":"public","email_recipient_filter":"none","created_at":"2022-09-02T07:39:15.000-07:00","updated_at":"2022-09-02T08:49:29.000-07:00","published_at":"2022-09-02T08:37:26.000-07:00","custom_excerpt":"This fall, we are hosting our second annual Women Engineers in Startups program. 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The program brings together a cohort of women engineers who are interested in finding roles at fast growing startups.","reading_time":1,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"63ed7c5ebb97530001aa5cd2","uuid":"c2766136-77ff-4a0c-9a1f-9d50f593e6b9","title":"Why would you start a startup in an economic downturn?","slug":"why-would-you-start-a-startup-in-an-economic-downturn","html":"There will likely be a recession in 2023, and the major downsides to starting a startup are obvious: There is less money in the system so selling and fundraising are harder; investors have less money to invest and companies have less money to spend on products.But these are also reasons it’s an especially good time to start a startup, especially with YC.Cost-sensitive customers can be helpful in the early days of your company. If they pay you in this tough environment, it's a stronger signal. There’s a higher likelihood you’re building something they really want.And though our <a href=https://www.ycombinator.com/"https://www.ycombinator.com/deal/">new standard deal</a> of $500,000 gives you some slack, you will likely have to develop very smart habits around spending because fundraising is harder. Learning how to <a href=https://www.ycombinator.com/"http://www.paulgraham.com/aord.html/">stay alive</a> is arguably the most important skill you can have as a founder.I don’t think it’s a coincidence that two of the top YC companies, Airbnb and Stripe, were started in the depths of the last recession (2009).* They learned how important it is to build something people want and not assume investors will be there to save them early on.None of this is new. It’s common knowledge, especially in the tech community, that many successful startups were created during recessions (just search “startups + recession” and you’ll find a bunch of articles), which may be one reason we’ve seen high numbers of applications from founders leaving their big tech company jobs, especially in the last couple of months.If running a startup is like commanding an army, then YC is elite basic training. You’ll learn how to navigate the challenges (or realize you’re not up for it) when your company is small and with the support of advisors and YC batchmates. You’ll build a solid foundation of learning how to build something people want and staying alive. The YC training prepares you by default for succeeding through recessions. And it’s easier to internalize that training today when the macroenvironment supports it. The alternative is learning it on the battlefield when the stakes are way higher — when you’ve already raised money and have employees who depend on you. As YC founder Paul Graham <a href=https://www.ycombinator.com/"http://www.paulgraham.com/die.html/">wrote, “Bad shit is coming. It always is in a startup.” If you’re interested in starting a startup, we’re entering a counterintuitively good time to do it. It won’t be easy, but if you get through the early days, you’ll be better prepared than most. And if the challenge excites you, you probably have the right personality for it.*Their products were also tailored to a cost-sensitive environment. Stripe made it easier for brick-and-mortar businesses to cut costs by selling online and Airbnb created a new income stream for hosts and lower-priced accommodations for travelers.","comment_id":"63ed7c5ebb97530001aa5cd2","feature_image":"/blog/content/images/2023/02/stephblog.png","featured":true,"visibility":"public","email_recipient_filter":"none","created_at":"2023-02-15T16:44:14.000-08:00","updated_at":"2023-02-21T08:30:00.000-08:00","published_at":"2023-02-21T08:30:00.000-08:00","custom_excerpt":"In an economic downturn, there are obvious downsides of starting a startup — but there are also powerful upsides; because to survive, you have to *actually* build something people want.","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"61fe29e3c7139e0001a710c8","name":"Stephanie Simon","slug":"stephanie","profile_image":"/blog/content/images/2022/02/steph-af6b11e61b7a3c55b099c780fe0a359236ceaab496850b530d178aedb8cefb2c.jpg","cover_image":null,"bio":"Stephanie Simon is the Head of Admissions at Y Combinator. \n\nPrior to YC, she was a software engineer at Earnest and co-founded Murmur, a venture-backed local search startup.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/stephanie/"}],"tags":[{"id":"61fe29efc7139e0001a71173","name":"YC News","slug":"yc-news","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/yc-news/"},{"id":"61fe29efc7139e0001a7116d","name":"Essay","slug":"essay","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/essay/"},{"id":"61fe29efc7139e0001a7117d","name":"Admissions","slug":"admissions","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/admissions/"},{"id":"63ed8ba5bb97530001aa5ced","name":"#271","slug":"hash-271","description":null,"feature_image":null,"visibility":"internal","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/404/"},{"id":"63ed8ba5bb97530001aa5cee","name":"#240","slug":"hash-240","description":null,"feature_image":null,"visibility":"internal","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/404/"}],"primary_author":{"id":"61fe29e3c7139e0001a710c8","name":"Stephanie Simon","slug":"stephanie","profile_image":"https://ghost.prod.ycinside.com/content/images/2022/02/steph-af6b11e61b7a3c55b099c780fe0a359236ceaab496850b530d178aedb8cefb2c.jpg","cover_image":null,"bio":"Stephanie Simon is the Head of Admissions at Y Combinator. \n\nPrior to YC, she was a software engineer at Earnest and co-founded Murmur, a venture-backed local search startup.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/stephanie/"},"primary_tag":{"id":"61fe29efc7139e0001a71173","name":"YC News","slug":"yc-news","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/yc-news/"},"url":"https://ghost.prod.ycinside.com/why-would-you-start-a-startup-in-an-economic-downturn/","excerpt":"In an economic downturn, there are obvious downsides of starting a startup — but there are also powerful upsides; because to survive, you have to *actually* build something people want.","reading_time":2,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"61fe29f1c7139e0001a71c04","uuid":"137bef50-c46e-42ab-9496-bd321c54e3fa","title":"Does co-founder matching work? It did for these three YC companies.","slug":"does-co-founder-matching-work","html":"<h3 id=\"%E2%80%9Cco-founder-matching-saved-my-life%E2%80%9D\">“Co-founder matching saved my life.”</h3>In August of 2021, Christina Czap, co-founder and CEO of <a href=https://www.ycombinator.com/"https://www.helloseer.com//">Seer (YC W21), found herself badly in need of a technical co-founder. Seer, which raised $2.3M to help retail salespeople create shoppable Lookbooks, was receiving incredible customer interest and couldn’t keep up with the inbound demand.At the suggestion of her group partners at YC, Christina made a profile on YC’s <a href=https://www.ycombinator.com/"http://www.ycombinator.com/cofounder-matching/">co-founder matching platform</a>. Three months and many calls later, Seer had a new CTO: Gal Vered, a former PM at Google.Gal had been using co-founder matching since July. Although he was initially skeptical of the platform, he eventually met up with 46 potential co-founders, and found the perfect fit with Seer.<figure class=\"kg-card kg-image-card kg-card-hascaption\"><img src=https://www.ycombinator.com/"https://blog.ycombinator.com/wp-content/uploads/2021/11/asdfasd.jpeg/" class=\"kg-image\" alt loading=\"lazy\"><figcaption>The co-founders of Seer (YC W21), Gal Vered and Christina Czap.</figcaption></figure>We launched the co-founder matching platform earlier this year to help founders find their co-founders. When you sign up, you tell us about yourself and what you’re looking for, and we show you profiles that most closely match your ideal co-founder. If you message a candidate and they accept, we match the two of you.Co-founder matching has also seen success with brand-new companies. Three pairs of co-founders met through the platform earlier this year, worked together on trial projects, became fully committed co-founders, applied to YC, and were accepted into the Summer 2021 batch!<a href=https://www.ycombinator.com/"https://www.sequincard.com//">Sequin (YC S21) is one of these companies. Vrinda Gupta had left her job after launching credit cards like the Chase Sapphire Reserve at Visa to work on a product to help women build credit. She spent a year working as a solo founder, and, in that time, raised a pre-seed and built an MVP. She knew she needed a technical co-founder who was mission driven, had fintech expertise, and was in it for the long haul.<figure class=\"kg-card kg-image-card kg-card-hascaption\"><img src=https://www.ycombinator.com/"https://blog.ycombinator.com/wp-content/uploads/2021/11/Sequin.jpeg/" class=\"kg-image\" alt loading=\"lazy\"><figcaption>Sequin (YC S21) co-founders, Vrinda Gupta and Mark Thomas.</figcaption></figure>That person was Mark Thomas. He had ten years of engineering experience at Paypal, cared deeply about gender equity, and spent six years as CTO of family-oriented startups. They had an instant connection and arranged to meet in person soon after. Vrinda recalls, “We met the day after we matched, and the day after, and then the day after that.”Together, they went through YC’s batch this summer and <a href=https://www.ycombinator.com/"https://www.forbes.com/sites/geristengel/2021/09/15/debit-card-startup-builds-credit-for-women/?sh=6283b60b3c67\%22>raised $5.7M</a>.<a href=https://www.ycombinator.com/"https://www.kiwibiosciences.com//">Kiwi Biosciences</a> (YC S21) has a similar story. Anjie Liu started the company to solve her own pains with irritable bowel syndrome. She had a founding scientist to tackle R&D, but wanted a co-founder to help her build a consumer brand and commercialize the product.<figure class=\"kg-card kg-image-card kg-card-hascaption\"><img src=https://www.ycombinator.com/"https://blog.ycombinator.com/wp-content/uploads/2021/11/kiwi.jpeg/" class=\"kg-image\" alt loading=\"lazy\"><figcaption>Anjie Liu and David Hachuel, co-founders of Kiwi Biosciences (YC S21).</figcaption></figure>When Anjie saw David Hachuel’s profile on YC co-founder matching, she knew that he was “exactly what [she] was looking for.” David had previously sold a startup in the same space, and was immediately interested in her idea.They took a very structured approach to co-founder matching. Both founders answered all 50 questions posed in <a href=https://www.ycombinator.com/"https://proof-assets.s3.amazonaws.com/firstround/50 Questions for Co-Founders.pdf/">First Round’s co-founder questionnaire</a>. They found deep alignment on “all the important things” (conflict resolution, vision for culture, etc.). When their month-long trial ended and it came time to say go or no-go, the decision was easy.Anjie and David worked remotely for four months and finally met in person after getting into YC. They went through YC and <a href=https://www.ycombinator.com/"https://techcrunch.com/2021/10/14/kiwi-bio-aims-to-free-irritable-bowel-syndrome-sufferers-from-restrictive-diets//">raised $1.5M</a>.We’re ecstatic about the companies who met through our co-founder matching and we’re excited to see the platform continue to grow and support more awesome founders in the future!Looking for a co-founder? Check out the platform at <a href=https://www.ycombinator.com/"https://blog.ycombinator.com/does-co-founder-matching-work/www.ycombinator.com/cofounder-matching/">www.ycombinator.com/cofounder-matching.

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Leap Spins Out of YC

by Michael Seibel2/4/2019

In 2017, Cadran Cowansage, a software engineer at YC, started building Leap, an online community for women in tech. This YC project led to thousands of women talking openly about their experiences and sharing career insight.

Today, Cadran and her two co-founders, Abadesi Osunsade and Kuan Luo, are spinning Leap (now Elpha) out of Y Combinator and launching as an independent company. We believe in Elpha’s mission to build a place for women to share information and gain access to employment opportunities, and we’re excited to fund her and her co-founders in the next YC batch. You can learn more about Elpha at elpha.com.

I’d like to personally thank Cadran for her hard work and everything she has contributed during her three years at YC.

Congratulations, Team Elpha!

Author

Michael Seibel
Michael Seibel is a Group Partner and Managing Director, Early Stage at YC. He was the cofounder and CEO Justin.tv and Socialcam. Socialcam sold to Autodesk in 2012 and Justin.tv became Twitch.