"When we were interns, we had a lot of expense reports, but we would lose receipts and lose money. When you're a student, you don't have much money. One of the first problems we wanted to solve was: Let's build a mobile app to save your receipts, a bit like Expensify. Slack released its first API at the time. Now, we could create a bot. That was our pitch to YC: This is a new thing called a Slack bot."
"It was 2016. At the time, it was in Mountain View. Sam Altman was still a partner. We had some office hours with him. The core principle remained the same, but everything felt way less streamlined and processed than it is today. For example, the dinners were way more family-style. There weren't any visible employees. Some of the partners were cooking sometimes. Paul Graham was there."
Founders began ten years ago after college to solve receipt loss experienced during internships by building a mobile app to save receipts, similar to Expensify. Slack released its first API, enabling creation of a Slack bot that was installed during the YC interview and used by the YC Slack, which led to acceptance. The 2016 YC batch was in Mountain View with Sam Altman as a partner and Paul Graham present. The program then felt less streamlined, more family-style, and fully in-person with about 100 people in the batch. The former company was later acquired by Coda and then by Grammarly.
Read at Business Insider
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