One positive data point here. We got invited for an interview [1]! It's at least the 4th time I've applied, 2nd time with this company, and the 1st time I've been invited for an interview. Good luck to everyone, and as I always tell myself: YC is not the goal, making something people want is not the goal, making something good that people want is the goal. [1]: https://www.openlistings.co/
YC W15 emails are out
51–60 of 122 posts
Re: YC W15 emails are out
#52Earlier quoted context omitted.
Most people accepted into YC end up with nowhere near $10M. Not even $1M.
The network of people there matters. If they were investing 10k in my company I'd comply. Your network is your net worth.
I don't know what "Your network is your net worth" means, but it sounds like a worldview in which the people you know matter more than what you can do. That's sometimes true, but none of the major startups started off by networking. It didn't matter who the Google founders knew. It didn't matter who Zuck knew. What mattered was what they were doing.
The only reason investors might be interested in you is if you're starting the next Google or Facebook, because their entire business model depends on it. But there's an optimistic way to phrase that: If you're starting the next Google or Facebook, then who you know doesn't really matter.
Re: YC W15 emails are out
#53Our team got rejected. http://doshh.com We were creating a mobile payment system to be used in Myanmar.
would like to know more! @pageman on Twitter
What project you guys working on? For me, I will still continue with the project but without financial backing it will just be slower.
Re: YC W15 emails are out
#54My team and I got rejected in 2010. We're still working together and we're generating mid 8 figure revenues now. So it's definitely not the end of the world and the silicon valley network is so vast these days that no one should let a YC rejection stop them from doing amazing things. Keep on truckin!
Cool - what's your company?
Coverage: http://pando.com/2014/06/19/touch-of-modern-raises-14m-to-pr...
Re: YC W15 emails are out
#55Here's a curious data point: we were invited for an interview last time, but we didn't get in. We had no paying customers yet. The feedback was that we should get 10 customers and apply again. So we did. But no interview this time :/
Re: YC W15 emails are out
#56Real entrepreneurs might WANT to get into YC, but do not NEED to get into YC.
If you really "need" YC then I think you're doing it wrong. Usually the types of people who are devastated by their YC rejection (like me my first time) are the kind that have everything riding on YC. As if it's the only way to get anything built or started. It's a terrible mindset to have. Once I opened up my options and had a plan B, C, D, etc... my business improved, my startup ideas changed and got better, I built more things and got more experience.
Re: YC W15 emails are out
#57I think the mindset to have here is that YC is so popular and the number of YC partners are so small, that you have a very small chance to get in the first place. I wouldn't burn too many candles hoping to get in or trying to figure out a reason why you did not. There is a benefit to applying in that it makes your commitment to your startup even stronger. Focus on what is important and that is your business. I truly…
PG says they now have 3 silos, like 3 mini YC's reviewing. But if you have 1400 alums reviewing apps, by definition you are going to have scoring that is biased against finding black swans, regardless of how many silos you create.
As you say, the problem is too many apps and not enough time for a smaller amount of alums to review the apps.
One answer might be going to a rolling application process to avoid the washout that happens with a wave 40% bigger than you anticipated. And/or opening other offices, which is most likely in the works.
Re: YC W15 emails are out
#58Re: YC W15 emails are out
#59Re: YC W15 emails are out
#60Launched a medical tourism startup-- prepre-alpha. Just nothing to show on url really (OTOH I also wonder if radical honesty would be the path to take?)
If huge or uncertain costs, or the fear & uncertainty of fighting your insurance/Dr/hospital over surprise billings post-hospitalisation is holding you back from any, and I mean ANY, elective treatments - let's talk.
In most cases, for a fraction of cost of copay+deductibles, apples-to-apples less than 10% what it would cost you in USA, you can get yourself treated & pampered at top-class facilities in India. Including return airfares. We have docs/hospitals/nurses with solid repute.
Here to help you navigate and arrive at right choices.
Happy to answer any queries or concerns that a potential patient has. My email is in my profile. Can chat/Skype/Hangout whatever. No time-limit, no-obligation, no fake-guilt selling. Will keep answering queries as much as I can. At the end of it if you decide against it that's perfectly ok.
So yeah, email me?