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The YC Rejection thread

news.ycombinator.com

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Re: The YC Rejection thread

#71

Post by comatose_kid »

vaksel wrote: post #59
nanexcool wrote: post #6

Earlier quoted context omitted.

Of course the YC connections were the first things on my mind. I don't think you can equate them to hard cash. It's just that the cash would have given me the chance to quit consulting and go 100% on my idea. But it's not the end of the world.

if $$$ is a problem, can either bum around relatives and see if you can convince them to give you the loan or get one of those 10-30K @ 0% APR for 9 months credit card offers. That way you'll be able to do your thing

Credit cards aren't a good idea. After 9 months, if things don't work out, you have some really high interest debt.

Why not just save some money for a few months (or however long it takes)? If you want it badly enough, waiting shouldn't be a problem...

Re: The YC Rejection thread

#72

Post by resdirector »

Even the best application will max out at [choose-your-pessimism]% chance of success. Apply elsewhere and often. And apply for YC again next time. Max out quality and quantity of applications for funding. If it's a good idea, you'll get your money/support you need.

Re: The YC Rejection thread

#74

Post by goodkarma »

silencio wrote: post #64
goodkarma wrote: post #40

Earlier quoted context omitted.

So you're letting $10,000 hold you back from your dream? For real?

I think second to the valuable networking opportunities YC provides, the money that could be spent not worrying about rent and the bills for at least a couple months is not insignificant. I know personally it's not a huge deal to have that money and we're continuing regardless of rejection, but that kind of money could possibly shave off a few months of development time where I don't have to worry so much about class…

I have no doubt that YC provides great networking opportunities. My question was in direct response to nanexcool's comment that the cash would have given him the chance.

Re: The YC Rejection thread

#75

Post by goodkarma »

nanexcool wrote: post #54
goodkarma wrote: post #40

Earlier quoted context omitted.

So you're letting $10,000 hold you back from your dream? For real?

Of course not! I'm still going to do my thing! I'm just going to have to continue consulting to pay the bills. That's all I'm saying. The money would have let me work full-time on my startup.

Does your startup have a business model? Can you try to grow it while generating revenue at the same time?

Re: The YC Rejection thread

#76

Post by metalacorn »

first time applying and first rejection. i am a little disappointed, i feel very passionately about my idea and was hoping pg+co would be too - but ah well, it's going to happen anyway to happen regardless. best of luck to all and hope that everyone moves forward with their ideas as well.

Re: The YC Rejection thread

#77

Post by dbul »

vaksel wrote: post #4

I wouldn't worry that much about the money, its not what YC is about. I'd worry more about not getting access to all those YC connections.

If you are smart, you will be able to succeed anyway. Somehow it escapes us that companies can be built without being in SV and knowing everyone there. Sure, it would be a heck of a lot easier if we were there and did make connections.

I'm not sure what exactly lead up to this scenario, how MS was able to talk with IBM execs, but you have to give MS credit for securing this business deal:

http://www.youtube.com/watch?v=DcWjOodAtoE

I hope that some of those who weren't accepted will figure out a way to have a ragingly successful business. It would make for a great story.

Re: The YC Rejection thread

#80

Post by hwijaya »

Rejected too here. =) But, the disappointment feeling is not as huge as i thought it would be.

Maybe the YC process itself has been beneficial in terms of helping us refining the idea, and also maybe because we have agreed to give our best shot on it, and whatever happen, we'll keep charging ahead. After all, Colonel Sanders got 1009 rejections and still came up as successful entrepreneur.

So, please wait for our launch announcement on HN sometime in short future! Good luck all!

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