Earlier quoted context omitted.
I did miss it, thank you You can still apply multiple times after getting rejected. There’s plenty of stories of companies/founders that only got into YC after several rejections To be honest, if I were in their situation I wouldn’t apply again, but it could be a good move regardless
I'm not sure at this point I want to apply and talk about our company's vision and mission.
Ask HN: YC company copied our product, what can we do?
91–100 of 107 posts
Re: Ask HN: YC company copied our product, what can we do?
#92Earlier quoted context omitted.
It's very fair: YC bills itself as 'female founder friendly', if it turns out that you can't safely apply without your data leaking through to would be competitors that would be a serious problem. Note that there is zero proof for such a scenario but it is kind of odd that the OP applied there and that a YC backed company is now copying their business. At a minimum you'd expect YC to state very clearly that such a th…
I don’t understand why YC should object to fund a company that executed an idea that others also execute. Good ideas are a dime a dozen. What matters is the execution. If you execute well, your company will thrive. If everyone is doing it, maybe not.
Re: Ask HN: YC company copied our product, what can we do?
#93Earlier quoted context omitted.
YC isn't responsible for the actions of the founders of every start-up that they fund. Even worse: after funding them they have very limited ability to influence the companies they funded, after all, YC has a small minority stake and founders could just ignore them. Obviously YC can cut them off from further capital and blackball them but that may not be sufficient.
on the contrary! They are indeed very much responsible, if only in part, for the actions of the people they are giving money and sharing connections with! Pretty sure there's an entire corner of criminal law and civil code covering exactly those responsibilities! And yeah, they can do all kinds of stuff to make sure that these things don't happen, or at the very very least publicly demonstrate that they will not tole…
You may have a board seat. And if you don't like what the company is doing your most powerful move is resign from the board. Another option is to force a shareholder vote, but if the founders still hold the majority (as they should, at this phase) that will be overruled.
I'm freshly amazed by the lack of basic corporate law knowledge in the context of HN, this is really something that should be known if you partake of conversations like these.
I agree they should respond appropriately, but depending on what happened that response may not satisfy you.
Re: Ask HN: YC company copied our product, what can we do?
#94Earlier quoted context omitted.
That YC is advertising itself as 'female founder friendly' and to fund a bunch of - presumably, too little data - guys to copy the product of a female applicant that got rejected would be a strong move in the wrong direction. But: since the OP doesn't supply any information at all all you can do is speculate about whether or not that is what happened.
Exactly this. Sorry for not being clear enough.
Re: Ask HN: YC company copied our product, what can we do?
#95Unless they literally stole your code, or had access to privileged information from your YC application or something, I doubt there is much you can do. It's not illegal to enter the same business as an existing company, or even to make an app that does the exact same thing. Where it starts to get iffy is when you start talking about people literally copying your HTML/CSS or what-not. Is that the case here? If so, cal…
Marketing copy and sales documentation is also copyrighted.
Yes, that's why I said:
Where it starts to get iffy is when you start talking about people literally copying your HTML/CSS or what-not. Is that the case here? If so, call a lawyer.
where "or what-not" is short-hand for the exhaustive list of "things that can be copied" that I had neither the time not the inclination to list out explicitly.
Re: Ask HN: YC company copied our product, what can we do?
#96Earlier quoted context omitted.
the idea that this forum "makes a point of staying out of YC stuff" is absurd, aside from the money, this site literally advertises for YC companies, on top of many other examples.
See some moderator comments here: https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...
Re: Ask HN: YC company copied our product, what can we do?
#97Earlier quoted context omitted.
on the contrary! They are indeed very much responsible, if only in part, for the actions of the people they are giving money and sharing connections with! Pretty sure there's an entire corner of criminal law and civil code covering exactly those responsibilities! And yeah, they can do all kinds of stuff to make sure that these things don't happen, or at the very very least publicly demonstrate that they will not tole…
As a seed investor and VC investor I'm happy to inform you that it very rarely happens that seed investors or VCs have a controlling interest in the company. You may have a board seat. And if you don't like what the company is doing your most powerful move is resign from the board. Another option is to force a shareholder vote, but if the founders still hold the majority (as they should, at this phase) that will be o…
Re: Ask HN: YC company copied our product, what can we do?
#98Earlier quoted context omitted.
Marketing copy and sales documentation is also copyrighted.
Marketing copy and sales documentation is also copyrighted. Yes, that's why I said: Where it starts to get iffy is when you start talking about people literally copying your HTML/CSS or what-not. Is that the case here? If so, call a lawyer. where "or what-not" is short-hand for the exhaustive list of "things that can be copied" that I had neither the time not the inclination to list out explicitly.
Re: Ask HN: YC company copied our product, what can we do?
#99Is your business defensible?
(Remember, APIs generally aren't protected by intellectual property. It's the implementation or patents that protect your product. For example, if copying your API violates your patent, then you have a case.)
It should go without saying that these shouldn't be new concepts to anyone running a startup.
Re: Ask HN: YC company copied our product, what can we do?
#100[flagged]
I think it’s fair. When a clone of your product is funded by the same entity that rejected yours, it's only logical to assess the differences that do exist. Had she said “as a first-time founder,” I doubt the victim card argument would be raised.
I don't think it's fair to ewe to speculate on why YC rejected her company. What I will say is that incubators judge many factors into why they accept companies; and merely having a good idea, or good insight into what kind of product will succeed in the marketplace, isn't the only factor.
"Investors talk." It's perfectly reasonable to assume that investors would pass along good ideas that come from entrepreneurs who they don't think can bring them to fruition.
That being said, I do think it is poor form on ewe to play the minority status card. Most startups fail, so playing the victim when the odds are against you, just hurts your credibility.