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Applications Open for Winter 2012 YC Funding

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Re: Applications Open for Winter 2012 YC Funding

#2
pg - if one of the co-founders who won't be the CEO lives far away on another continent, is it required that he/she show up for the interview? While I don't expect this to be a problem either way, we're just thinking of ways to minimize costs.

Edit: I'm talking specifically about the interview. If accepted, we'd both come down.

Re: Applications Open for Winter 2012 YC Funding

#5
post #4

How many solo founders were accepted in summer 2011? Has the % accepted increased with the larger class size?

Solution: Don't be a solo founder.

I spent a few years trying to go that route. It's death. Death. If you can't sell someone else on joining up, how on earth are you going to sell someone in giving you money?

Re: Applications Open for Winter 2012 YC Funding

#6

pg - if one of the co-founders who won't be the CEO lives far away on another continent, is it required that he/she show up for the interview? While I don't expect this to be a problem either way, we're just thinking of ways to minimize costs. Edit: I'm talking specifically about the interview. If accepted, we'd both come down.

ditto

Re: Applications Open for Winter 2012 YC Funding

#7
post #4

How many solo founders were accepted in summer 2011? Has the % accepted increased with the larger class size?

Solution: Don't be a solo founder. I spent a few years trying to go that route. It's death. Death. If you can't sell someone else on joining up, how on earth are you going to sell someone in giving you money?

Solo founder can be done, but indeed it is hard. Odds are really against you but not impossible.

Re: Applications Open for Winter 2012 YC Funding

#8
post #4

How many solo founders were accepted in summer 2011? Has the % accepted increased with the larger class size?

Solution: Don't be a solo founder. I spent a few years trying to go that route. It's death. Death. If you can't sell someone else on joining up, how on earth are you going to sell someone in giving you money?

Solo founder here. YC S10. We have 8 people now, are well funded and making good revenues. It might not have worked for you but that doesn't mean it can't be done.

Re: Applications Open for Winter 2012 YC Funding

#9
post #4

How many solo founders were accepted in summer 2011? Has the % accepted increased with the larger class size?

Solution: Don't be a solo founder. I spent a few years trying to go that route. It's death. Death. If you can't sell someone else on joining up, how on earth are you going to sell someone in giving you money?

I can see two ways of finding partners: 1) Your existing social circle 2) Networking with like-minded strangers at meetups/community

Regarding, 1, not everyone in a social circle can A) add unique value, B) be in a position to take on the risks, or C) desire entrepreneurship, perhaps being a better first employee

As far as networking approach, having a good partnership surely would increase % of success. But a partnership made in haste with someone you might hardly know will surely increase the chance of failure even more so.

Re: Applications Open for Winter 2012 YC Funding

#10

Earlier quoted context omitted.

Solution: Don't be a solo founder. I spent a few years trying to go that route. It's death. Death. If you can't sell someone else on joining up, how on earth are you going to sell someone in giving you money?

Solo founder here. YC S10. We have 8 people now, are well funded and making good revenues. It might not have worked for you but that doesn't mean it can't be done.

Congrats! Absolutely it can be done. And absolutely I failed to pull it off by myself. That doesn't change my advice to folks to find a co-founder.
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