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Y Combinator W2011 application (my rejection email)

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Re: Y Combinator W2011 application (my rejection email)

#11
inDinero saw rejection many times before getting into Y Combinator...

We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan competition first in spring of 2009, then again in the spring of 2010. We also got turned away from TechStars during Spring 2009. We also tried raising angel money in the summer of 2009 and couldn't get a single commitment.

It's not all fun and roses.

This kept us going for a while: http://www.paulgraham.com/die.html

Re: Y Combinator W2011 application (my rejection email)

#14
post #11

inDinero saw rejection many times before getting into Y Combinator... We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan competition first in spring of 2009, then again in the spring of 2010. We also got turned away from TechStars during Spring 2009. We also tried raising angel money in the summer of 2009 and couldn't get a single commitment. It's not all fun and roses. This kept us…

[deleted]

Re: Y Combinator W2011 application (my rejection email)

#15
Definitely don't be upset if you're not selected. There are quite a few YC funded startups that failed and I'm pretty sure the same could be said about some startups that were rejected by YC and ended up becoming very successful. Remember YC isn't a necessity, it's just an advantage.

Re: Y Combinator W2011 application (my rejection email)

#19
post #3

I don't know about you guys, but I'm still in a pretty good mood despite being declined. I quit my job yesterday and I'm going to be working on my (3rd) startup full time. It's liberating to become completely dependent on your own ability. Bootstrapping: "a self-sustaining process that proceeds without external help"

What are your other startups? What's your ongoing startup? Do you have a resume ? :)
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