500 StartUps Vs Y Combinator? • Hacker News Board

Re: 500 StartUps Vs Y Combinator?

#11

Post by ig1 » Fri, Aug 19, 2011, 1:16 PM UTC

jivejones wrote: post #8

ig1 wrote: post #6

I imagine they rejected you because you're a sole founder, plenty of companies who apply to YC and don't get in do well. YC don't have a magic ball that tells them who'll succeed and who'll not.

That is a possibility, I probably need a co-founder / more team members.

Very very few single founders get accepted into YC, those that do tend to have strong track-records and significant market traction

Re: 500 StartUps Vs Y Combinator?

#12

Post by nhangen » Sun, Aug 21, 2011, 2:52 PM UTC

jjb123 wrote: post #2

No, you don't fail at life. PG et al makes a point to explain the team members being more important in the application process than the actual idea.

Oh great, thanks for pointing out that it's him, not his idea, that didn't make the cut...

Re: 500 StartUps Vs Y Combinator?

#13

Post by jjb123 » Sun, Aug 21, 2011, 5:13 PM UTC

nhangen wrote: post #12

jjb123 wrote: post #2

No, you don't fail at life. PG et al makes a point to explain the team members being more important in the application process than the actual idea.

Oh great, thanks for pointing out that it's him, not his idea, that didn't make the cut...

Or: I'm pointing out that it may have been the team members of the similar idea (or the fact he was a sole founder) that made the difference.

Re: 500 StartUps Vs Y Combinator?

#14

Post by rush-tea » Sun, Aug 21, 2011, 6:54 PM UTC

No, you don't fail at life, what it means is that your idea is just getting validated by other people that it has prospect. You should be happy. Now what you need to do is to see that startup's idea and figure out why his/her idea is better than yours, what makes it better than you, so now you need to focus on the competitive analysis and make yours better since technically your idea is still in stealth mode, no one knows. That means you have the advantage to play around your ideas and make it better. :)