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I Am Sam Altman, President of Y Combinator. AMA

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Re: I Am Sam Altman, President of Y Combinator. AMA

#11

can I apply to YC alone or do I have to have a team?

You can definitely apply alone, though we recommend having a cofounder.

Startups are very hard, and very emotionally draining, and so it's really helpful to have someone else to share the workload with.

That said, we fund solo founders every batch.

Re: I Am Sam Altman, President of Y Combinator. AMA

#12
post #10

I think I recall seeing something about the Fellowship and Summer programs being the same application but last I looked I couldn't find where that was mentioned. Is that still the case? I feel like I'm a bit between in that I have a product but haven't closed my first customer but hoping to real soon.

Yes, it's the same application.

I'd recommend applying for both.

Re: I Am Sam Altman, President of Y Combinator. AMA

#14

What's the probability on acceptance for those who are applying the second time? Is it progress or right fit that you mostly look for?

We've funded many companies on their second (or later) application. Dropbox is a well-known example.

We do look at progress since the last application, but mostly because we like effective people. Great founders get stuff done.

Re: I Am Sam Altman, President of Y Combinator. AMA

#16
YC has a giant application pool. This makes it very difficult for very early stage companies with no revenue / users to compete in the application pool.

As a company with no revenue / users, How can we best stand out against those that do have growth / users?

I understand that companies can apply for the fellowship. But what does a company lose by getting into the Fellowship over Core?

Re: I Am Sam Altman, President of Y Combinator. AMA

#17
post #11

can I apply to YC alone or do I have to have a team?

You can definitely apply alone, though we recommend having a cofounder. Startups are very hard, and very emotionally draining, and so it's really helpful to have someone else to share the workload with. That said, we fund solo founders every batch.

>Startups are very hard, and very emotionally draining...

^^^ This cannot be communicated emphatically enough... most people have no idea how true and real these challenges are.......

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