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Has Y Combinator lost its way when the latest company is a Mac only widget?

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Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#161
“No more looking for the Google calendar tab in Chrome.” - Gustaf Alströmer

“I just joined a meeting 3 minutes late instead of 5 because of Superpowered, which is a resounding success in my book.” - Jeff Barg

Well, I must admit this is not the most compelling sales pitch in the world. It almost seems like satire. I understand the utility, but the calendar tab is ok.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#162
I think people are overlooking the third sentence in the post, which clearly states that they were accepted to build a video lecture platform but then later pivoted to this productivity tool. I don't think YC would invest in a trivial product like this, even if the team had higher aspirations, but that is going off the very basic knowledge I have of YC.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#163
post #23

Earlier quoted context omitted.

Indeed the founder says: >We’ve only solved a small part of a bigger problem. The SaaS platforms we use for work don't work well together. It shouldn’t take cycling through ten different apps and Chrome tabs to stay on top of everything. >We’re now looking to bring Slack and GitHub into a unified notification inbox in the menu bar. We want to better organize everything you use as we’ve done with Google Calendar.

If they build a unified notification inbox, I will pay for that. I had one of those when I used a Blackberry and I miss it as I now have to check 10 sites periodically to stay on top of things.

Honestly, the last thing I want is a unified inbox. I get inputs from a dozen different streams and have segregated them by platform to better manage my time.

I want it to be really easy for people to get a hold of me if the information is important or if they are important to me, e.g. via SMS or voice.

I want it to be very difficult to be overwhelmed by low signal content unless that is my focus at the time, e.g. mailing lists, work email, etc.

And I want to be able to select my focus. When I am reading about mountain bikes, I want to read about mountain bikes. I don't want to sort through work messages, family memes, or tech news at the same time.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#164
post #91
post #23

Earlier quoted context omitted.

Indeed the founder says: >We’ve only solved a small part of a bigger problem. The SaaS platforms we use for work don't work well together. It shouldn’t take cycling through ten different apps and Chrome tabs to stay on top of everything. >We’re now looking to bring Slack and GitHub into a unified notification inbox in the menu bar. We want to better organize everything you use as we’ve done with Google Calendar.

Good luck to them with that. Maybe I’m too cynical but I remember back in the days of multiple IM services, MSN Messenger, Yahoo, AIM, etc. One company would try to implement interop with another, only to be shut out a few days later. I’d posit that if they are even remotely successful at building a unified notification inbox they’ll get their access shut off very quickly. These companies don't want to share.

Access to what? Calendar APIs? Slack APIs? I find that hard to believe given their use case. It doesn't even brush on violating TOS for either.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#165
As a developer 70% of my time is in XCode and Github. Guess where the rest is? Google Calendar and Google Hangout. I discount Gmail because I just use my phone for that, swiping away messages while compiling. Want to know where my boss is from 7am to 7pm every day? Google Calendar and Google Hangout.

Calendar is a really bad product that needs disruption as well. I imported my victor ops on call schedule the other day and it imported wrong, so then I had to go through an entire year of two meetings a day fixing it, something that would have taken 10 seconds if they let you search and delete results.

Re Mac only, the first stage of a startup is finding product market fit. It isn't about making your product work on every platform. In fact that's counter productive. The goal is to have the shortest build-release-learn cycle, if you are porting to multiple platforms, you just increased your build time, which increases your cycle time, which means you will take longer to reach product market fit. Once you do, you can go port to every platform, but it's harmful to do it early.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#166

Offtopic: I despair that a calendar widget for my Mac is now a pay monthly thing. It is becoming widespread that things that were previously just a piece of software you could buy (then optionally upgrade in the future) are now a monthly cost. It makes sense for high ticket pieces of software (Office, Photoshop), where it makes it more accessible for regular users. However, for a calendar widget or many similar examp…

It also makes sense when the software has high recurring marginal costs per user (so, not calendar software), such as with high ongoing data egress costs (Dropbox, Netflix, YouTube). The model there needs to be subscription or advertising.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#167
post #160

Earlier quoted context omitted.

$10/month is not a cheap tool. I'm paying $90/year for Intellij Idea which is my main development tool. IMO that cost is extremely prohibitive for most users and it's definitely not a way to get plenty of people on board to monetize it later.

To put it into perspective, for someone making $200k+/yr (a lot of the HN audience), $10 is about 6min of their time/month (assuming a 40hr work week). Over a year it adds up to 72min of time. On the other hand, researching and trying out alternative free/cheaper tools might take hours. For a busy person making good money, $10/mo to make them more productive isn't a crazy ask IMO.

I think very few people buy things according to such a calculation.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#168
post #13

Literally every time you see a startup release a product that seems trivial it's because that's not the full story. You're judging without complete information. For example, the public face might be a simple Mac calendar widget, but that could be the gateway to calendar sharing, native office apps, meeting booking, event management, ticket sales, corporate flight sales etc. Building an audience with a cheap tool that…

$10/month is not a cheap tool. I'm paying $90/year for Intellij Idea which is my main development tool. IMO that cost is extremely prohibitive for most users and it's definitely not a way to get plenty of people on board to monetize it later.

I don't get when people say $X/month is too much. Too much for you maybe. But for me, if I can save 1 hour per month, that's worth $500. That's the top of what I've charged per hour for some consulting gigs. So $10/m is literally nothing for me if I can save time. Time is your most valuable asset. Money is nothing. Focus on time.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#169

People misunderstand YC's business model. They invest 125K for a 7% stake in the company. That's a <$2 million valuation. If this company sells a couple thousand (at $120/y), YC breaks even. If they sell a couple million, YC gets back 1000x on their money. It's a great investment.

And if they sell four? Wish I still had a copy but there was a brilliant story printed years ago called something like "there are numbers smaller than 1%." It illustrated the fallacy in the thinking behind saying things like, "even if we only sell 1%, we'll be rich." Just because you pick some arbitrarily small number as your minimum sales doesn't mean it's actually the minimum, or even the most likely minimum. You c…

If they sell zero, YC's investment is worth $0 just like it is for half of the companies they invest in.

The success rate for hope-to-be-unicorn startups is very low.

Re: Has Y Combinator lost its way when the latest company is a Mac only widget?

#170

Earlier quoted context omitted.

$10/month is not a cheap tool. I'm paying $90/year for Intellij Idea which is my main development tool. IMO that cost is extremely prohibitive for most users and it's definitely not a way to get plenty of people on board to monetize it later.

I don't get when people say $X/month is too much. Too much for you maybe. But for me, if I can save 1 hour per month, that's worth $500. That's the top of what I've charged per hour for some consulting gigs. So $10/m is literally nothing for me if I can save time. Time is your most valuable asset. Money is nothing. Focus on time.

erm, isn't that assuming an income of $1,040,000 after tax based on a 40 hour work week?
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