21–30 of 208 posts
Not an idea, but I have to say I was blown away by the first meeting I was in with a company that said they were trying to exit for $1B. This pretty much summed up my reaction: http://www.youtube.com/watch?v=z1CEbl9cK3o&t=3m7s
Did they ever make it?
I don't see any way for him to give an answer to this that wouldn't cause hundreds of people to apply to the next YC with the exact same idea (or with the same idea with tiny meaningless variations). Not sure if that would benefit anyone.
Not an idea, but I have to say I was blown away by the first meeting I was in with a company that said they were trying to exit for $1B. This pretty much summed up my reaction: http://www.youtube.com/watch?v=z1CEbl9cK3o&t=3m7s
Not an idea, but I have to say I was blown away by the first meeting I was in with a company that said they were trying to exit for $1B. This pretty much summed up my reaction: http://www.youtube.com/watch?v=z1CEbl9cK3o&t=3m7s
Wow, what industry? Healthcare? Telecom? Can't think of too many that could credibly claim a $1B exit.
I am almost certain their investors want them to aim at least that high.
Are you sure you're not confusing billion and trillion?
ADDED. I'm not trying to appear bad-ass or hardcore (and in fact, I've never been a founder because I judge that I cannot afford that level of risk of being left with a severely suboptimal monetary reward for my efforts). I am honestly trying to understand VC-funded startups.
"We want to make our own rockets and spaceships from scratch. But that's just the beginning, to pave the way to settling Mars and making it affordable for middle-class customers to relocate to Mars." I imagine if Elon Musk had pitched SpaceX for YC, it would be a strong candidate for this.
http://techcrunch.com/2012/09/10/blue-river-technology-raise...
The original product was a robot that zapped weeds with lasers, they switched to a superheated oil because it's cheap enough to be practical.