I'm totally going to pitch an application submission management system in the next round. I know of at least one potential customer.
you can still apply late!
We mistakenly marked about 50 applications as late
31–40 of 65 posts
Re: We mistakenly marked about 50 applications as late
#32This is none of my business, but I'm a little confused. I don't see why pg/yc has to apologize. When was the last time a vc acted like he was obligated to hear your elevator pitch, let alone read your huge application---and not only do that, but do it FAIRLY, without giving undue advantage to some other guy with a plan and an MVP (...or not)?
Also, it's nice to be nice, whether you need somebody or not.
Re: We mistakenly marked about 50 applications as late
#33I forgive you. Most of us are human.
Re: We mistakenly marked about 50 applications as late
#34I'm totally going to pitch an application submission management system in the next round. I know of at least one potential customer.
Already exists:
http://angelsoft.net/
Re: We mistakenly marked about 50 applications as late
#35Earlier quoted context omitted.
Last I heard, the YC crew doesn't announce numbers because they don't want to get into phallus-measuring competitions with other organizations; but based on numbers published in the past I'm guessing somewhere between 500 and 1000 applications.
It's probably more. Based on public numbers/guesses (Harj: http://www.quora.com/What-percentage-of-companies-that-get-a... , http://www.quora.com/How-many-people-teams-get-rejected-by-Y... , http://www.quora.com/What-percentage-of-Y-Combinator-applica... ) and some handwaving, last cycle was roughly 1000 applications, 10% got interviews, 4% (40 startups) got in. This cycle there's already ~145 slots taken, so I'd gue…
Surprising to me that so little. Since there is no fee to enter, I imagine every high schooler who knows how to write a `hello, world' would apply.
Re: We mistakenly marked about 50 applications as late
#36Earlier quoted context omitted.
Last I heard, the YC crew doesn't announce numbers because they don't want to get into phallus-measuring competitions with other organizations; but based on numbers published in the past I'm guessing somewhere between 500 and 1000 applications.
It's probably more. Based on public numbers/guesses (Harj: http://www.quora.com/What-percentage-of-companies-that-get-a... , http://www.quora.com/How-many-people-teams-get-rejected-by-Y... , http://www.quora.com/What-percentage-of-Y-Combinator-applica... ) and some handwaving, last cycle was roughly 1000 applications, 10% got interviews, 4% (40 startups) got in. This cycle there's already ~145 slots taken, so I'd gue…
Pretty sure I read that applications increased 85% on the last cycle, so (on your numbers) that would take it to 1850 which is close to your estimate.
Re: We mistakenly marked about 50 applications as late
#37Being at the stage we're at things move/happen quick. I looked at our app recently and it looked dated - since the app we've had some game-changing developments (signed on 2 major customers - we're B2B etc.). It'd be cool if your s/w could accommodate for things like that, and secondly I’m surprised you guys don’t do phone/skype screening/interviews. Might help reduce the risk on your investment. Just some thoughts.…
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Re: We mistakenly marked about 50 applications as late
#38Re: We mistakenly marked about 50 applications as late
#39Hey, pg ... does that include our application by any chance?
I realize you don't have to answer this, but I am just curious:
It seems on the surface that our company is much closer to what you say YC is looking for, than many companies you had in W10, S10, etc. Let me just illustrate a couple points:
1. You emphasize resilience: we got rejected by YC in the past and went ahead and raised funding, launched and already have 70k (and counting) users since 3 months ago. The vast majority of our reviews are 5 stars.
2. You care about companies with huge potential. We're building a next-generation, distributed social network which gives users control over their data, and helps their social lives in the real world instead of online.
3. You want to see founders who did extraordinary things: I went to college at 14, played in Carnegie hall when I was 7 years old. (http://magarshak.com/piano) My co founder can father a small child just by looking at a woman... (http://www.xtranormal.com/watch/7203877/fundraising)
4. You care about a capable team that has been together for a long time: http://qbix.com/about . We have made websites such as this: http://blurts.com which is now worth over $5 mil.
etc.
So I am curious why YC didn't even want to interview us, but then again, your rejection letter doesn't leave many clues :)
Re: We mistakenly marked about 50 applications as late
#40Hey, pg ... does that include our application by any chance? I realize you don't have to answer this, but I am just curious: It seems on the surface that our company is much closer to what you say YC is looking for, than many companies you had in W10, S10, etc. Let me just illustrate a couple points: 1. You emphasize resilience: we got rejected by YC in the past and went ahead and raised funding, launched and already…
"My co founder can father a small child just by looking at a woman"
Hilarious.
With great power comes great responsibility...