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I don't have a co-founder at this moment. But I am working on an MVP that make sense more in India than here in the USA. I am from India but live in Bay area. Can you suggest what is the best way to build this product into reality?
Is there a point in applying again with the same idea? The only thing that would have changed is that my other business, listed as an accomplishment, is now 5 times as successful. (In the 350k range vs 70k.)
I was also thinking of applying with that business, but it's not really a YC kind of company. Would YC fund an e-commerce company with no particularly unique approach, just selling on 3P marketplaces, and ambitions of growing to maybe pharmapacks level (100 million in yearly revenue, around the biggest such company)?
Are their chances any better? What could've happened since the last application that would make their current application worse?
Hello Michael, Thanks for the AMA Question: Is there are more stringent criteria for accepting international founders and companies, focused on their local markets? The reason I am asking this is because most of the companies from India in the latest batch, seem to have a lot of traction and/or significant amount of funding before being accepted into YC. Most looks like good candidates for Series A. Vs other US based…
Is applying to YC for the third time a bad indicator/sign?
i know you've funded a handful of single founders but what is the current outlook on them? also, how developed must a startup be to apply. should the product already be developed?
While we prefer that a team have co-founders we regularly fund single founders. Also, we fund a wide range of companies from those who are just starting to those who are post-launch and have raised seed funding (and everything in between).
Earlier quoted context omitted.
The top 5 things I look for in an application are (in no particular order): 1) Can the team clearly communicate what they are working on? 2) Does the team have the technical talent to build and grow the v1 of their product? 3) Is the team moving quickly or are they waiting for approval from YC? 4) Did the founders have a personal or professional relationship before deciding to start the company together? 5) Does the…
> Does the team have the technical talent to build and grow the v1 of their product? This means they can join YC without a v1? But I guess you should have validated your hypothesis in any other way, right?