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Applying to YC

blog.samaltman.com

101–110 of 116 posts

Re: Applying to YC

#101

I noticed that the application asks for age of the founders. How does this factor into the equation?

I seem to answer the age question every application period....[1]. That said. We were 36 & 37. Not the oldest they'd ever seen, but one of the oldest in our batch. But there were a few of us over 35...

[1] https://news.ycombinator.com/item?id=7342396

Re: Applying to YC

#102
post #76
post #42

Earlier quoted context omitted.

if people have that impression, i think they looking for an excuse and not looking at data.

If YC partner selection is anything like YC founder selection the data says YC is for white and asian men who went to Stanford or Harvard, with few exceptions. YC partners, being only human, will tend to be biased in favor of people who are like them. http://www.ycombinator.com/partners/ I'm pretty sure YC has not published any background diversity numbers. It would be good for the world if you did but I doubt you wo…

(TLDR; YC has published diversity numbers - see references. It might be useful for you to read some of the YC essays to understand what they look for.)

Note that originally YC was based around the idea of funding college students to try a startup instead of an internship over their semester break. At that point it was physically based near MIT & Harvard, with a winter (?) campus near Stanford.

As you'd expect, early intakes were dominated by people from those places (ie, mostly white and asian males who attended MIT, Harvard and Stanford). Also as you'd expect, success takes time, and so we are seeing those early successes moving into roles within YC.

I agree that increasing diversity of the YC partners, but it is important to understand the reasons why it is like that currently.

I think it is excellent that YC is aware of this problem, and is taking steps to correct it amongst the companies they fund[1][2].

[1] http://blog.ycombinator.com/diversity-and-startups

[2] http://www.forbes.com/sites/women2/2014/02/03/y-combinators-...

Re: Applying to YC

#103
post #93
post #90

Earlier quoted context omitted.

As a solo founder from the w14 batch: I can tell you it feels more difficult to do everything yourself. I'd recommend if you can organically find someone to work with on the company, you should. Happy to answer any solo founder related questions, if you have them.

Yea, I know that it's much better if you have cofounder (there are so many tasks to do), but I believe it should be the right person, and wrong person can make much more damage then help. As a solo founder, how did you improve your productivity on early stage: what kind of tasks you usually delegated to someone else (like freelancer) if you did.

I had a cofounder who split about 3 months before, but he wasn't full-time and hadn't contributed any code in the months leading up to it.

I had hired a sales guy right before yc, which helped somewhat. During yc, I basically bounced between growth tasks which was really difficult. I'm still figuring it out tbh.

We now have a larger team which helps a lot... But I still often miss the camaraderie of having someone who 100% has your back.

The other thing is a sense of impostor syndrome to fight against... I feel like I don't have anyone who will see a bigger picture totally, so I find myself doubting my decisions much more frequently.

Re: Applying to YC

#104
I think it takes a certain degree of courageousness to pursue entrepreneurship in the first place, and that shouldn't get dwindled down when applying to YC as you have everything to gain and nothing to lose.

Re: Applying to YC

#105
I think it takes a certain degree of courageousness to pursue entrepreneurship in the first place, and that shouldn't get dwindled down when applying to YC as you have everything to gain and nothing to lose.

Re: Applying to YC

#106
post #51
post #7

- didn't get in first time (check, different company though). - weren't sure if good fit for b2b/ saas company (wrong). - questioned how much value YC could provide us (many times more than expected). for us going through YC, working with the partners, and joining the YC network were the best things we could have possibly done. Thinking back to life pre-YC (Dec-13) to now the rate of change (progress/ growth/ knowled…

hey Brian, just messaged you in linkedin, want to ask some questions if you have some time -Yousif

You better call him and let him know you posted this comment.

Re: Applying to YC

#107
post #32

What about the single founder? I know the answer, but I guess I shouldn't apply til I find a co-founder?

We have some very successful single-founder companies, such as Instacart. We suggest finding a cofounder not for our benefit, but for your own. Startups are hard, and doing it alone makes it even harder.

pg has said multiple times that a major downfall of a lot of companies is that the two founders have a dispute. What is the major downfall of companies with single founders?

Re: Applying to YC

#108
post #31

I noticed that the application asks for age of the founders. How does this factor into the equation?

We ask founders what impressive things they've done: older founders have had more time to do things. I roughly take the quotient (amount of impressive achievements) / (age - 15).

Bite to self: find a 14 year old felon with a long rap sheet, and bring him on as a co-founder.

Re: Applying to YC

#109
I've got a startup with an almost ready product, a team that has started businesses before, and is bootstrapped with our own money. I'd love to give a presentation, but I'm based in Europe. Does YC do Europe? (I'm more than happy to fly. Question is whether you care where a firm is based.)

Re: Applying to YC

#110

I've got a startup with an almost ready product, a team that has started businesses before, and is bootstrapped with our own money. I'd love to give a presentation, but I'm based in Europe. Does YC do Europe? (I'm more than happy to fly. Question is whether you care where a firm is based.)

There's a FAQ-section you might want to read, as it specifically mentions location. They don't care where you're based, but you do have to follow the YC program in the US. After YC, you could return to Europe, but it's probably a good idea to stick around. Provided you get a suitable visa, of course... http://www.ycombinator.com/faq/
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