P.S have submitted my idea here: https://news.ycombinator.com/item?id=11461008
Ask HN: Pick startups for YC to fund
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Re: Ask HN: Pick startups for YC to fund
#292Re: Ask HN: Pick startups for YC to fund
#293Interesting idea, and kudos to you for kicking off the discussions to refine the approach - and for the "be nice" rule, which I think is very important here. A question: What are the situations where you think it will benefit people more to go the open route than applying directly? One way of thinking about it is advantages of "Apply HN": getting significant calibration and feedback on an idea that improves it whethe…
Honestly, we don't really know. We have very few hypotheses around this idea. We're just insanely curious to see what will happen. As far as the disadvantage you mention, that happens when you launch. That happens when you start getting press. That happens when you announce a large funding round. That happens when you're doing well. In our experience, startups are far more likely to die by suicide than by homicide. I…
This is a very interesting quote.
Re: Ask HN: Pick startups for YC to fund
#294Re: Ask HN: Pick startups for YC to fund
#295Re: Ask HN: Pick startups for YC to fund
#296Re: Ask HN: Pick startups for YC to fund
#297Re: Ask HN: Pick startups for YC to fund
#298Re: Ask HN: Pick startups for YC to fund
#299Re: Ask HN: Pick startups for YC to fund
#300Earlier quoted context omitted.
You look for grit. What evidence can you find that shows they don't just give up when things get hard? Thing is we don't find out usually until after we invest what the real problems are...so we optimize for people we want to spend a lot of time with and work on these problems/issues whatever they may be. Most founders feel imposter syndrome after they're accepted. The great thing about being part of a batch is you r…
I'm living out of a van right now in Palo Alto, after having sold everything I own to build projects that work. My worldly possessions can fit inside a single backpack. My co-founder and I are generating revenue and grinding on making sure the community loves what we're building. My burn rate is close to 300-400/mo, less if I eat less per day. #grit Beyond that what else is there?
When I was trying to learn to code, I was an undergrad with literally no money, but I had a prepaid college meal plan my parents had bought me. So I ate one meal a day for a month and sold off my extra meals at a discount for cash to buy coding books.
For example, if your van runs, I can think of several possibilities, especially if you don't need it during the day (i.e. drive to a library or somewhere where you can work for free all day and then you've got a HUGE asset available to work out trades and deals all day every day).