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My Y Combinator experience

marcobambini.com

21–30 of 152 posts

Re: My Y Combinator experience

#21
I'm also reading some cultural clash between American and Europeans/Mediterranean mentalities. Prioritizing your business model over your product and answering amiably to annoying questions are decidedly "American" behaviors. That's not to say these aren't great practices for aspiring entrepreneurs. When you're ready to apply again, maybe you should consider hiring an Italian guy with an American MBA who can bridge the two cultures?

(I think your idea is cool. If no one went for the long-shot projects Silicon Valley would be full of copy-cat boring App companies. Imagine how that would be like)

Re: My Y Combinator experience

#22
There is much self belief in the article, which is probably passion but it is tricky not to come off as arrogant. I wonder if this is difficult to present face to face.

It is clear that he is very passionate about the product that he has produced, which is a good thing. It must have been a very disappointing experience.

I'm glad they made use of their time there to visit the area and see different local places and to make the most of it.

Having visited the landing page I'm still a bit confused as to what it does as there are not specifics.

Re: My Y Combinator experience

#23
Guys, I just wanted to describe my experience, I really didn't want to criticize YC or the interview process. YC was our first pitch and we were surely not prepared enough. As I clearly wrote in my post I started with the wrong assumption that our product and our technology could make the difference. I was wrong.

Website is more a landing page that a real site. Product is not yet released to the general public. We plan to launch a public beta and a brand new website with more useful information in about a month.

Re: My Y Combinator experience

#24
To be fair, I'm always very wary of claims going in the direction "programming for non-programmers". We've lived through enough workflow-oriented tools who promised a lot in that direction and delivered very little (I'm looking at you, SAS - can't go around two consecutive corners without having to write a lot of code).

Aside from that, good luck with your efforts from a fellow Italian :-)

Re: My Y Combinator experience

#25

Sorry guys - if I was interviewing you as a YC partner, I'd pass on you too. You repeatedly express frustration that the interviewers were not intimately familiar with your application, but it doesn't seem if you put much into familiarizing yourself with YC and their flavour of logic. YC: Why are you spending so much time developing this application? Creo: It is not only an application, it is a compiler, a virtual ma…

You seem to think that fast product iteration and testing with customers is the only way to go. It isn’t. The most ambitious projects sometimes need bold commitment. For instance if you want to create a space travel company, you will need funding way before you've finished your proof of concept. Now, maybe Y Combinator is simply not their market.

Re: My Y Combinator experience

#26

While I agree with the conclusions of the other posters, I also think it is difficult for anyone to put themselves into the shoes of these people, traveling over, waiting for the opportunity. Pitches can go bad quickly. I think anyone knows the pitch that you enter well-prepared and in best spirits and you come out 10 minutes later and wonder what the hell just happened. Anyway, I also think it's great that you poste…

[deleted]

Re: My Y Combinator experience

#27
This is a great story, but perhaps not for the reasons intended by the author.

I applied once to YC. As I recall, my solo founder video included a puppet, so fair warning: I'm an idiot when it comes to startups. I only repeat what I've heard and read.

When they asked you guys all those questions, the proper answer wasn't to reply technically, it was to reply with something akin to "social proof"

So, for instance, when they asked "Why are you spending so much time developing this application?"

One good answer might be something like "Because we've talked to 50 people, and 10 of them tell us that if we can finish in the next six months, they want to use it. In fact, here's the money they deposited so they would be first in line"

The takeaway that YC is only interested in money may be at the same time true and misleading. As I understand those guys, they simply want proof from other humans that you are capable of doing something folks will like. Either you already have those humans and proof -- or they believe that you're the kind of guys that can go get them and then they'll take a flier on your ability. In either case, to say it's money is missing the point.

A lot of technical folks confuse the kinds of questions they are getting. When the question is along the lines of "Why don't I do X?", they're not asking you to argue that X is better than all other choices. Hell, X may be worse. They're asking you to explain to them how by talking to other people, you've learned that a significant percentage of them like X better, even if it sounds stupid. (In fact, if it sounds stupid and looks like something other people would not do, yet real people want it? That's a plus!)

I liked this. Thank you for posting. Sorry about the negative feedback.

ADD: There's nothing wrong with building something complex with a grand vision that might take months to put together. The trick is to do it in smaller chunks that get customer validation each step of the way. [Insert long discussion here about how it's easy to get emotionally attached to a codebase and solution that nobody else in the world would ever want]

Re: My Y Combinator experience

#28

Guys, I just wanted to describe my experience, I really didn't want to criticize YC or the interview process. YC was our first pitch and we were surely not prepared enough. As I clearly wrote in my post I started with the wrong assumption that our product and our technology could make the difference. I was wrong. Website is more a landing page that a real site. Product is not yet released to the general public. We pl…

Your language is highly critical. There's some wiggle room for English not being your first language but you did not have kind words to say about pretty much anyone from YC, and you look really bad because of it.

Re: My Y Combinator experience

#29
In addition to the issues others have pointed out, I think there was a bit of a language and culture barrier. The author says, "We entered the room and facing us there were 3 young boys in their early twenties." I get the impression he felt insulted, but it's not like the interviewers can choose their age. The statement is also odd because I don't think any YC partners are that young. Maybe his estimate was thrown off by their casual attire and demeanor.

The author was annoyed by interviewers asking questions answered in their application. That's a natural reaction, but there are good reasons for this practice. Maybe some of your answers have changed since you applied. Maybe the interviewers want to get an idea of how much thought you've put into these questions. Maybe they're not satisfied with some of the answers in the application, and want you to flesh them out in person. My point is: the interviewers aren't trying to annoy you or waste your time. They want to understand you and your idea. Responding to their questioning with annoyance won't help them.

I found it very unusual that the author ignored the post-interview e-mail. Those e-mails typically contain tailored advice, or at least reasons why the partners passed. That information is extremely valuable. YC's reason for passing will probably be similar to many other potential investors. Even if you don't think it's a good reason, it's worth crafting a solid response to.

One more thing: If you have a demo, show it as early as possible! A demo can obviate the need for many "What are you making?" questions, since it shows the answer. That leaves more time to discuss your product or idea, instead of trying to explain it to the interviewers.

With that feedback out of the way: I wish Creo success and I'm glad they plan to apply again. Good luck!

Re: My Y Combinator experience

#30

Guys, I just wanted to describe my experience, I really didn't want to criticize YC or the interview process. YC was our first pitch and we were surely not prepared enough. As I clearly wrote in my post I started with the wrong assumption that our product and our technology could make the difference. I was wrong. Website is more a landing page that a real site. Product is not yet released to the general public. We pl…

People love to carp and criticise here, don't take it to heart. The good news is your product is impressive, the bad news is you're not great at selling it as yet, and your target market is not clearly defined.

I found the article really interesting, because it highlights what is clearly a huge gulf between what you expected of YC, and how they behave. You were looking for validation of what you think is a great idea, and to discuss an idea with people who have spent a long time thinking about it and perusing your carefully prepared documents. They don't really care about your idea, they care about you, how well you can sell any idea to them, how well you can sell yourself to them (and by extension customers) in limited time, how you deal with pressure, how much contact you have had with customers, and how you plan to make money. You didn't have convincing answers to those questions, because you were expecting entirely different questions and an impressed audience. YC are not even really interested in your idea, they're interested in whether you can execute. That's probably because most ideas do not survive contact with the harsh reality of customers and the market, but companies do if they can adapt.

In this sense YC is behaving far more like a potential customer of yours than you might imagine - most customers spend about 30 seconds evaluating your product, and if you can't sell them in that time, you have a problem. Most customers will never read your sales docs or understand your product at first, they might read the home page if you're lucky. From a customer point of view, there is a fundamental problem with your idea which I think you're going to have a lot of trouble with:

Who could have developed a new multiplatform programming language with a blazing fast virtual machine?

You're asking people to build a business on top of your platform and a new language. There are a lot of reasons why that's a terrible idea for customers (even if it is a great thing for you), but foremost among them is lock-in. This is not really a technical problem, it's an issue of trust, and these decisions are not even often made on a technical basis. IMO you need to open-source your platform (get rid of trust issues), show customers everything, and make money on support/bespoke development if the platform is good enough to actually attract users (that'll be a very tough sell, and not one based mostly on technical concerns).

Thanks for posting and I hope any criticism you find here will be useful to you.

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