Got accepted into Georgia Tech just the other day. And this news made my day today. Is that sad?
Not at all! It's great to have new, interesting people flooding to your location.
Atlanta Gets Its Own Y Combinator In Shotput Ventures
41–49 of 49 posts
Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#42Earlier quoted context omitted.
OK You've got a point. But let us say only 20% of the applicants stay in Atlanta. That's 4 more than otherwise would. Also, as I said before, once you pass the seed stage, it's easier (but not valley easy) to get the $1M you mention in "Can you Buy a Silicon Valley". It will help long term. Basically, if we could at least get the ease of raising seed funding in Atlanta at parity with the ease of raising 1st round for…
But let us say only 20% of the applicants stay in Atlanta. This assumption is off by an order of magnitude. YC funded 61 startups in Boston. Only 3 are still there, and 1 of those is talking about moving to SV. So the assumption should be more like 2-3%.
I was basing it off the 4/20 TechStars number but o.k.
This is getting me depressed. I am off to go write some code to work it off!
Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#43Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#44Got accepted into Georgia Tech just the other day. And this news made my day today. Is that sad?
Congrats. GaTech is a great school with really smart students. But what's most important is what YOU do at GT. I hope you will take full advantage of this great opportunity, enjoy learning, and keep an open mind and an open heart. Don't worry about whether or not others think you are "cool." Have the confidence to love yourself and to be a beacon of loving-kindness toward others. Congrats!
Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#45I'm one of the Shotput Ventures partners, and I'm looking forward to a great first "class" in Atlanta. We've got an interesting group of partners, with recent business hits in software and web svcs, complementary skills and backgrounds, and good networks. Check out our partners. I think we'll be excellent mentors for our hacker teams, primarily because we love what we're doing and want to help young hackers to build…
A slight criticism, looking at your application: asking me to fill out a PDF resume for a founding team is irritating and time-consuming. Is there anything that a PDF form can give you that you don't get from having applicants fill out relevant information into a text box? Drafting a PDF means that now I've got to spend time making my typography look pretty, getting things organized in a nice way, and generally spending more time on presentation than I'm putting into just conveying information.
One of the things I loved about the YC application was that it didn't require external files - excepting the Posterous video, which is a supersimple email-and-receive-link system.
Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#46Got accepted into Georgia Tech just the other day. And this news made my day today. Is that sad?
Congrats. GaTech is a great school with really smart students. But what's most important is what YOU do at GT. I hope you will take full advantage of this great opportunity, enjoy learning, and keep an open mind and an open heart. Don't worry about whether or not others think you are "cool." Have the confidence to love yourself and to be a beacon of loving-kindness toward others. Congrats!
are you kidding me? I have to be cool. :P
Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#47Earlier quoted context omitted.
In the last two cycles, 66% were from outside the Bay Area.
What was the ratio of Bay Area applicants like when you were doing YC in Boston? Did you get more Boston startups in the program?
About the same. Overall there is very little variation between cycles.
Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#48Earlier quoted context omitted.
We'd be happy to have funded 37 Signals. We funded Wufoo, which is very much like 37 Signals, and we'd be delighted to fund more companies like that.
But Wufoo still deals with a Big Idea: namely, something that's creating a large infrastructure on the Internet. 37signals is a private, internal service: they make things that appeal to closed niches. On the other hand, Wufoo is something that's more public, in a sense. Maybe it's just a matter of what YC companies get named more than others, but the ones that immediately come to mind are big-problem companies. Redd…
even the smallest niche can be huge.
Re: Atlanta Gets Its Own Y Combinator In Shotput Ventures
#49Earlier quoted context omitted.
But Wufoo still deals with a Big Idea: namely, something that's creating a large infrastructure on the Internet. 37signals is a private, internal service: they make things that appeal to closed niches. On the other hand, Wufoo is something that's more public, in a sense. Maybe it's just a matter of what YC companies get named more than others, but the ones that immediately come to mind are big-problem companies. Redd…
even the smallest niche can be huge.
Absolutely. Furthermore, niche users tend to be more fanatic about the sites they use if they're done well.