11–18 of 18 posts
We're sorry to say we couldn't accept your proposal for funding. Please don't take it personally, because most of the proposals we rejected, we rejected for reasons having nothing to do with the quality of the applicants. For example, we were very reluctant to accept proposals with only one founder, because we think starting a startup is too much work for one person. We also had a higher threshold for applicants who…
I'm wondering if I should email them about the webby award i won today for the site they rejected ;) neurokinetikz.com http://webbyawards.com/webbys/current_honorees.php?category_id=48
I'm wondering if I should email them about the webby award i won today for the site they rejected ;) neurokinetikz.com http://webbyawards.com/webbys/current_honorees.php?category_id=48
I know it sucks to be rejected (went thru it recently myself) but don't fall into the trap of sour grapes.
Find out what you can do better, or improve on.
And I think this is probably a good forum for doing that.
Rejected here too. I'm not surprised; it was a long shot to begin with, and I don't think my goals as a founder and their goals as investors really lined up. It probably didn't help that I'm a sole founder, either. Time for Plan B. Powerball tickets. Er, I mean, the slowly growing micro-ISV approach.
We're sorry to say we couldn't accept your proposal for funding. Please don't take it personally, because most of the proposals we rejected, we rejected for reasons having nothing to do with the quality of the applicants. For example, we were very reluctant to accept proposals with only one founder, because we think starting a startup is too much work for one person. We also had a higher threshold for applicants who…
That's the best rejection letter I've ever read.
http://en.wikipedia.org/wiki/Rejection_Letter
This falls in the not-very-good category of "mass printed letter".
We're sorry to say we couldn't accept your proposal for funding. Please don't take it personally, because most of the proposals we rejected, we rejected for reasons having nothing to do with the quality of the applicants. For example, we were very reluctant to accept proposals with only one founder, because we think starting a startup is too much work for one person. We also had a higher threshold for applicants who…
That's the best rejection letter I've ever read.
I greatly appreciate Y-Combinator taking the time to review our app, because if I'd accepted "we're not ready" as a reason to not apply at all, then there's a good chance I'd have abandoned the idea of starting a business altogether.
Rejected here too. I'm not surprised; it was a long shot to begin with, and I don't think my goals as a founder and their goals as investors really lined up. It probably didn't help that I'm a sole founder, either. Time for Plan B. Powerball tickets. Er, I mean, the slowly growing micro-ISV approach.
No need to grow slow... unless slow growth is what you want. $6k is not the difference between high growth and slow growth.
$10-$15K is the difference between being able to quit my day job and get the company going in 3 months and having to keep my day job and get the company going in 9 months to a year.
And if I need to keep the day job, slow sustainable growth -- meaning I can project income, and project reasonably accurately when I can quit my day job -- is much better than a spike that I need to deal with in crisis mode.
And there are tons of other ways to make money, if you are smart enough to build a startup.
Surely is nice to have somebody written you a $10,000 check to start of with... but believe me, you will never forget the moment you received the first payment from the credit card gateway company.
It is better if you can grow your business with your own money, if you have a choice.