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Tell HN: Ever think of applying to YC? Do it this weekend for S24

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101–110 of 441 posts

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#101
I'm going to post something vulnerable, but I hope people take my comment in the right light, as in general I love YC and what it has done for the startup community.

I've been building startups for a long time, and have applied to YC several times, mainly with the same idea (although I've always listed 4-5 other ideas I'm interested in as well). I have always gotten rejected, and while that was disappointing, I 100% understood that getting into YC was the exception rather than the rule, as YC had a smaller acceptance percentage than Harvard.

After a few batches of these rejections, I decided to take a break from applying and instead build up my startup experience more by working at growth-stage startups, and just in general started focusing on my career as well.

Fast forward a few years, and about a year ago YC reaches out to me (via automated email) saying they had identified me as being in the top X% on the Cofounder matching platform, and encouraged me to apply to their next batch cycle.

I was reluctant to do so -- I hadn't been thinking too deeply about any new startup ideas in the past few months (so I'd most likely have to apply with a previous startup I had built), but after encouragement from friends and family I decided to take a chance anyways and apply once again.

I went all out on the application -- I reached out to some YC friends and mentors to get their recommendations, and had them help me edit and perfect my application as well. I even traveled for a month to San Francisco, just so I could absorb more of the ecosystem, network with as many entrepreneurs as possible, and help give back to the community if I could.

I submitted my application, waited for the fateful "interview email" day, and when that day came -- I got the standard "...we're sorry, we're not going to move forward with your application".

I'll admit -- getting that email stung. I know looking back there were a lot of things I could have done better (e.g. not applying with the same idea as previous applications, among other things), and just like when I applied years ago, I knew that the chances of getting to the interview stage were slim to none.

But yet somehow, that rejection hurt more than any of the others.

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#103
post #47
post #23

Re: "won't get in" How do I balance this encouraging advice with everything I've heard online about YC basically being a post-Ivy League thing? Seems like there's basically a 0% chance a random person would get into YC. And often those who did get in went to Stanford, Harvard, etc. and don't even have a product - sometimes they don't even know what they're going to build yet. I wrote the idea of VC stuff off long ago…

I mean, I didn't even graduate college :P > So we're just doing it on our own. IMO if you can become a $100M household name without VC, that's absolutely the way to do it. Even if you do take the VC path, YC for me was a massive boost in network, knowledge, and resources that I didn't have before, but it's also not the only way to acquire those things. You can even find that YC knowledge online, e.g. https://www.star…

> I mean, I didn't even graduate college :P

Yes, but did you go to one of those colleges where dropping out is even better than graduating? Because most of us didn't even get the chance to drop out of one of those.

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#104
post #61

YC is totally a non starter for non US aspirants and it's not YC's fault. Best case scenario - you end up having a company that's registered in US, would be paying taxes in US when it comes to that but you yourself wouldn't be allowed to set foot on the US soil, and even if that, would be shuttling for visa renewals every now and then.

YC has apparently been helping many founders get the O-1 visa.

And there are plenty of services that allow you to manage US companies remotely.

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#105
post #85

Big fan of YC and pg. I'm waiting for some immigration related things to fall into place before I apply, but it's been several years. Potentially crass question: what is the age or industry experience distribution of a typical YC batch these days? Would a founding team in their early 40s be dinosaurs in a room full of young stars? Asking for a friend.

I had the same question.

Most YC founders seem to be new college graduates instead of seasoned FAANG folks. I'm in the latter camp and believe I'm better off leveraging my connections because I've aged out of YC.

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#106
post #14
post #9

It would be nice to be told roughly what the process is before having to 'sign up'.

You're already signed up, because you can use your HN account to log in. (All YC accounts are HN accounts and vice versa.) The process is that you fill out a form and make a 1 minute video* and click 'submit'. (* I know...I hated the video thing too... but it gives a sense of what someone is like that doesn't come through in text, and you just talk for a minute about what you care about. nothing fancy.) (edit: also,…

Video is fine(it's just a minute), but why LinkedIn URL is required(not optional)?

LinkedIn is about education, career, and networking. I am under average in all of them, so I'm not registered. This is the only thing which holding me back from applying. Otherwise, I work full-time on kick-ass product for months with 1000+ commits.

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#107
post #83

What’s the acceptance rate, 1%, most with cofounders? So if you’re making a video by yourself it’s like 1/500 ? Seems like a better use of time making a video and filling out the app once you have above average team and traction.

You don't need traction. Team is good because having a cofounder is statistically such a huge success factor. But YC does found solo founders, and you shouldn't make a team just to make your application look better - I'm pretty sure doing that would weaken your chances.

I was under the impression that this idea of cofounders being a huge statistical success factor was pretty much just a myth.

Moreover, all reasons given by YC as to why you should have a cofounder are qualitative e.g. https://www.ycombinator.com/library/8h-how-to-find-the-right....

Would love to see the statistical evidence because if anything it seems to be the other way round and this is pretty much just reflective of YC’s personal preference as it were (and many VCs prefer otherwise). Personally I would only advise someone to take on a cofounder if they already know them well and need their skill set. There is so much risk in a poor fit that it far outweighs any theoretical benefit.

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#108
Can you give a recent example of a number 1? The problem I see is that a a piece of advice that got thrown out on twitter was "We applied without an idea and we got in, here's how we did it!" and the advice ends up being along the lines of "We didn't know what else to do, so we reached out to our Penn alumni network and got a referral"

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#109
post #45

Earlier quoted context omitted.

The filters are self-fulfilling. For twenty-somethings ideas are easy and all opportunity is in front. Might as well swing for the fences and yes people do hit home runs. At this stage, debating the actual statistics is misguided use of energy. Because justifying a reason not to play still means you're not playing. And the older you get the more gray this calculus is. There's more reasons not to do something. We put…

It's more like I don't think cold calling ( tweeting) VCs yields results. It's the equivalent of singing with a guitar outside of Columbia records. It's not like Paul McCartney is going to just tell you to step into his office and record a demo. I do plan on taking some time off to work on my side projects though. Maybe I'll try again...

I’m in the same boat, except now actively planning to take off to work on a side project. Rather than spend another year building a prototype for a potential $100M idea (last two landed me really nice jobs) I have my eyes set on ideas that will generate $3-6M/year that I can realize on my own with minimal/no outside funding.

I may apply to this YC round for giggles, but totally get the same feeling as you that I’m probably not good enough in their eyes. As Paul Graham said, if you are out chasing VC funding, you are not building your product. So just going to focus on making my life comfortable and launching another successful product or service.

Good luck!

Re: Tell HN: Ever think of applying to YC? Do it this weekend for S24

#110
post #63
post #39

Earlier quoted context omitted.

I'm with you and wish that we were more careful with this sort of signaling risk. However, there are tons of college dropouts and uncredentialed software people who make it in to YC. What I'm basically trying to tell everyone, and hoping to convince a few, is: don't listen to any of this, just do it.

I'm also with you! Just wanted to share my experience in case it helps as a data point. Gates, Jobs, and Zuck all famously dropped out of college of course. It's an interesting and tricky social dynamic matching within and between these somewhat distinct groups.

Didn't they ask drop out from Harvard or something? It's a bit disingenuous to say that.
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