Viewing profile — dalton

For those curious, YC funded an open source financial ledger company in S21: https://github.com/formancehq/stack

Hi there - this is not a pro-rata investment, we are investing this 375K right away

I realize that this is likely to be less illuminating than you would hope, but the Retool founders were relentlessly focused on getting their first users, building quickly, and get…

Congrats to Retool! I worked with Retool when they were in the YC W17 batch. They were previously working on a p2p finance app for the UK, and I remember sitting in the conference …

I don't have much to add to all of the other YC-related information out there - I think having a cofounder is generally a good thing, but not every company we fund does.

My colleague Jared put together some great advice for hard tech/bio founders and we talk about a number of the companies we have funded here: https://www.startupschool.org/videos/7…

I haven't heard that term before - but excellent advice!

That's a fair point, and there are a number of situation dependent factors. I wrote this letter to myself because I know what I would do differently 12 years ago and I have the ben…

For large dollar value contracts you usually have an account rep/point of contact you can get on the phone. You can explain to your rep what you are dealing with, what your budget …

Hi, I am the author of this post. As I said at the top my intent was not initially to publish it widely, but here we are. If anyone has questions about what I wrote I'm happy to an…

Hello HN, I am the author of this - it's part of a series of short posts about startups I that worked directly with at YC. This is the first one I have posted one to HN. Let me kno…

Hi, I am the partner at YC who funded PostHog, though originally for a different idea. I think this can be a great business, we have funded startups following similar models like G…

Tons of examples of no traction/fast moving teams out-performing, ie Brex pivoted and had no growth or traction at demo day and it worked out pretty well for them :) https://twitte…

imagine we are talking about CPU clock rate - the rate at which founders are able to make progress - which means everything from how many customers they can talk to in a day, how f…

Hey Dom, we worked together directly when you were in YC, and I deeply disagree with your assessment that having progress helps a startup succeed in YC. The worst case scenario is …

From the feedback from YC, lack of MRR isn’t the takeaway, and I think both OP and a lot of people on this thread aren’t getting that.

I would recommend “hustling” for a period of time before the interview, rather than as a reaction to the outcome of it :)

Yes, you are off. Our apps submitted metric is growing. The reason we started sending out emails to remind people of the deadlines is the sheer # of founders we talk to in person a…

I'm the head of admissions at YC and I can assure you that a huge percentage of the companies that we interview and fund are at idea stage. One explanation I have for why it my app…

that is correct.