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Harjeet: I'm a partner at Y Combinator. Ask me anything.

anyasq.com

61–70 of 72 posts

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#61
post #39

Ok, this site just seems like a worse version of r/IAMA. I can't really see the appeal.

To me, it looks like an accessible-to-normals version of r/IAMA and I see the appeal clearly.

Reddit's not exactly having trouble attracting a mainstream audience. It attracts a far more "normal" crowd (as in, broad and varied) than any other social news site, with the possible exception of stumbleupon and twitter, which are completely different kinds of sites and not conducive to AMAs anyway.

Also, the (apparent) lack of ability for follow-up questions and conversations based on answers seems to be a big downside. Be it reddit, HN, or Wikipedia, nested conversations are a no-brainer in 2011.

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#62
post #39

Earlier quoted context omitted.

To me, it looks like an accessible-to-normals version of r/IAMA and I see the appeal clearly.

Reddit's not exactly having trouble attracting a mainstream audience. It attracts a far more "normal" crowd (as in, broad and varied) than any other social news site, with the possible exception of stumbleupon and twitter, which are completely different kinds of sites and not conducive to AMAs anyway. Also, the (apparent) lack of ability for follow-up questions and conversations based on answers seems to be a big dow…

To be fair, I've often "read" reddit IAMA's by just looking for the original submitter's answers; the followup discussion is not necessarily equally valuable.

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#63
post #46
post #22

Earlier quoted context omitted.

More or less predictable?

Less predictable. We thought we'd learn how to pick winners. What we learned instead is that it's impossible. Not just because luck is such a big factor, but because founders change.

Given that founders change, is there something one can do as a founder to change into one whose company is more likely to succeed?

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#64
post #42

Earlier quoted context omitted.

Yes, AnyAsq is a YC company. We hadn't asked Harj to do an AMA though. :) And we hadn't really intended to launch quite yet but we're not complaining. Ways we hope AnyAsq beats reddit ama: -The concept should make more sense to people as a standalone site than as a sub-section on another site. (Easier to explain, easier to link to, etc) -As a standalone site we can optimize the interface for this concept, which is re…

The concept should make more sense to people as a standalone site than as a sub-section on another site. (Easier to explain, easier to link to, etc) Should isn't very strong. I don't think the 15 seconds it takes to get used to an /r/IAMA thread is worth a whole new product. As a standalone site we can optimize the interface for this concept, which is really a very different idea than reddit.com That's true. Twitter…

"I don't think the 15 seconds it takes to get used to an /r/IAMA thread is worth a whole new product."

I don't know what to think about this product, but I have to disagree with you on this point. It might take 15 seconds to explain Reddit AMAs to techies, but if the aim is to make AMAs more popular with non-techies, I can definitely see that there might be an advantage.

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#65
post #63
post #46

Earlier quoted context omitted.

Less predictable. We thought we'd learn how to pick winners. What we learned instead is that it's impossible. Not just because luck is such a big factor, but because founders change.

Given that founders change, is there something one can do as a founder to change into one whose company is more likely to succeed?

Yes: become tougher and more ambitious, and less self-indulgent. Probably the single most important change is to overcome the fear of failure that makes one accept early, small acquistion offers. It's hard to turn down an early offer for a few million, but every successful startup has.

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#66
post #11

Earlier quoted context omitted.

I'd have to guess, but maybe 4% and 1% respectively. What percentage are married and/or have kids I couldn't even guess, because we don't ask and it's not the sort of thing that comes up unless it's related to what they're working on. All we care about is whether the startup seems likely to succeed. Think how stupid we'd have to be to miss out on a great startup because they failed to meet some arbitrary constraint.

What percentage are married and/or have kids I couldn't even guess, because we don't ask... Is this something you don't ask because you don't think it's a useful question, or because your lawyers told you to not ask it? I would expect that "what does your significant other think of this" would be an illuminating question where relevant, both in terms of demonstrating an ability to recognize problems and demonstrating…

IANAL but I think it would be legal to ask; we're investing in people's startups, not hiring them. The reason we don't ask about such things is that we don't care. Interviews are only 10 minutes long. We need to spend that time talking about the startup.

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#67

Earlier quoted context omitted.

A little off the track but do you intend to have a "Follow AMA" style button or A favorites button like StackOverflow to follow the interesting ones? It'd help to keep a track of all the conversations flying around the site.

Yes, I wish we had already built that feature.

Hi, there's a question here about AnyAsq:

http://news.ycombinator.com/item?id=2710226

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#68
post #65
post #63

Earlier quoted context omitted.

Given that founders change, is there something one can do as a founder to change into one whose company is more likely to succeed?

Yes: become tougher and more ambitious, and less self-indulgent. Probably the single most important change is to overcome the fear of failure that makes one accept early, small acquistion offers. It's hard to turn down an early offer for a few million, but every successful startup has.

You said in FAW that you would have sold Viaweb for peanuts if you had the opportunity. Luckily the low offers fell through.

Why not add a new fund to YC for the purpose of partially cashing out founders, as an alternative to them selling early? This seems to be a missing component from the "what would have helped us at Viaweb" strategy.

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#69
post #68
post #65

Earlier quoted context omitted.

Yes: become tougher and more ambitious, and less self-indulgent. Probably the single most important change is to overcome the fear of failure that makes one accept early, small acquistion offers. It's hard to turn down an early offer for a few million, but every successful startup has.

You said in FAW that you would have sold Viaweb for peanuts if you had the opportunity. Luckily the low offers fell through. Why not add a new fund to YC for the purpose of partially cashing out founders, as an alternative to them selling early? This seems to be a missing component from the "what would have helped us at Viaweb" strategy.

We have been actively encouraging later stage investors do to this, and it is now very common.

Re: Harjeet: I'm a partner at Y Combinator. Ask me anything.

#70
post #65
post #63

Earlier quoted context omitted.

Given that founders change, is there something one can do as a founder to change into one whose company is more likely to succeed?

Yes: become tougher and more ambitious, and less self-indulgent. Probably the single most important change is to overcome the fear of failure that makes one accept early, small acquistion offers. It's hard to turn down an early offer for a few million, but every successful startup has.

Can you elaborate on toughness? I.e. not pushed around as much by potential buyers, users?
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