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We Make Mistakes

blog.ycombinator.com

61–70 of 206 posts

Re: We Make Mistakes

#61

I never got into Y Combinator (I think I applied 4 times but I'm not sure) but I'm now the CEO of a rapidly growing, well funded startup that actually SERVES an increasing number of YC companies. The way I always thought about YC was that it is ALWAYS worth applying because the exercise is good and the upside is high (and the downside minimal) but getting into YC should never be "part of your plan" - there are too ma…

>I never got into Y Combinator but I'm now the CEO of a rapidly growing, well funded startup that actually SERVES an increasing number of YC companies

This this kind of thing always feels like a bit of a victory. I never came close to being admitted to Stanford, but years ago found myself on the campus, hiring a professor as a consultant to a startup I co-founded. As we walked around the campus and then sat in his office, this far-off universe of people that the Stanford admissions committee had long-ago decided were smarter and more capable than I was suddenly seemed far less so. I was already doing what many of the students, and even many professors, aspired to do.

A rejection from YC, Stanford, or any other exclusive club with limited space isn't necessarily an indictment of your abilities. In the case of a startup, launch your product and let the market tell you how valuable you are. Remarkable products will quickly spread, and investors will line up to write you checks. You can have VC partners worth hundreds of millions of dollars literally walking the streets [1] to find you, too.

[1] http://youtu.be/8-pJa11YvCs?t=13m

Re: We Make Mistakes

#62

I'm curious to how many founders in this batch are... - Over 35 - Female - African American Edit: My post here is to gauge if the needle of progress in our industry is moving forward in the terms of race, age and sex.

Why? Do you think any of those were grounds for rejection?

Re: We Make Mistakes

#63
post #46

> Don’t let funding take your eye off the goal: making something people want. Everything else, including going through Y Combinator, is there to support that goal but is not the goal itself. It would be interesting to see a chart plotting over time the number of applicants in each batch who have applied to YC multiple times. Based on the number of folks here on HN who have apparently applied multiple times, and for d…

The best way to get into YC is to build a great business :)

[deleted]

Re: We Make Mistakes

#65
post #49

7th rejection, doesn't even phase me anymore. :P For those with less experience, the disappointment will pass. Take a day if you need to reflect on what you're doing, why you're doing it and how you could do it better. Rejection is fuel for the fire, use it to burn brighter going forward. Next time, be so good they can't ignore you, simple as that.

Persistence isn't always a virtue. If you've been rejected 7 times, please stop expending your time and emotional energy on YC. Redirect that energy to building your business. Build your product and get customers/users, which is the real endgame, not getting into YC or getting a check from a fancy Sandhill VC.

Applying to YC is a straightforward decision every time:

1. YC would definitely be helpful and worth the equity.

2. The application process is a helpful reality check for the status of my startup regardless of outcome.

3. I still believe we have crazy amounts of untapped potential.

I focus just fine on my startup the rest of the time.

Re: We Make Mistakes

#66

I'm curious to how many founders in this batch are... - Over 35 - Female - African American Edit: My post here is to gauge if the needle of progress in our industry is moving forward in the terms of race, age and sex.

Why? Do you think any of those were grounds for rejection?

Sexism and racism is currently a hot topic and it looks like YC has made effort to change this.

Not sure about ageism .. if your over 40 should you even bother?

Re: We Make Mistakes

#67

I'm curious to how many founders in this batch are... - Over 35 - Female - African American Edit: My post here is to gauge if the needle of progress in our industry is moving forward in the terms of race, age and sex.

We were accepted for an interview (Not accepted to the class yet). I'm 41 and my co-founder (who doesn't looks quite as young as I am) is 47. To be honest, I fully expected a rejection for this very reason so I'm pleasantly surprised which is actually pretty consistent with the YC brand.

To make a fair assessment you also need to look at the distribution of applicants. If 15% of applicants are female, then your null hypothesis is that 15% of founders will be female.

Re: We Make Mistakes

#68
post #46

> Don’t let funding take your eye off the goal: making something people want. Everything else, including going through Y Combinator, is there to support that goal but is not the goal itself. It would be interesting to see a chart plotting over time the number of applicants in each batch who have applied to YC multiple times. Based on the number of folks here on HN who have apparently applied multiple times, and for d…

The best way to get into YC is to build a great business :)

honest question because I hear this line from YC partners, then at that point why as founders would we need YC at all?

Re: We Make Mistakes

#69

Earlier quoted context omitted.

Why? Do you think any of those were grounds for rejection?

Sexism and racism is currently a hot topic and it looks like YC has made effort to change this. Not sure about ageism .. if your over 40 should you even bother?

Paul -- see my comment above. I thought we would be rejected for sure.

Re: We Make Mistakes

#70

I'm curious to how many founders in this batch are... - Over 35 - Female - African American Edit: My post here is to gauge if the needle of progress in our industry is moving forward in the terms of race, age and sex.

We were accepted for an interview (Not accepted to the class yet). I'm 41 and my co-founder (who doesn't looks quite as young as I am) is 47. To be honest, I fully expected a rejection for this very reason so I'm pleasantly surprised which is actually pretty consistent with the YC brand. To make a fair assessment you also need to look at the distribution of applicants. If 15% of applicants are female, then your null…

Congrats. What's your start up about?
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