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Sam's comments are encouraging but in the notes [1] about the application process they also mention how they look at a user's comments. I signed up on HN after being a passive reader for a long time and so haven't accumulated a lot of karma. I suppose lack of comments shouldn't be a deterrent as Sam suggested but may be the messaging needs to change a bit? Just my humble opinion. [1] https://www.ycombinator.com/howto…
Sam's comments are encouraging but in the notes [1] about the application process they also mention how they look at a user's comments. I signed up on HN after being a passive reader for a long time and so haven't accumulated a lot of karma. I suppose lack of comments shouldn't be a deterrent as Sam suggested but may be the messaging needs to change a bit? Just my humble opinion. [1] https://www.ycombinator.com/howto…
Disclaimer: You may also need to change your name to George McBay for plausibility.
sama, I'm curious about how it works when YC invests in a company with "millions of dollars raised"; do you still take 7% and if so how do you avoid the appearance of a down round?
Sam's comments are encouraging but in the notes [1] about the application process they also mention how they look at a user's comments. I signed up on HN after being a passive reader for a long time and so haven't accumulated a lot of karma. I suppose lack of comments shouldn't be a deterrent as Sam suggested but may be the messaging needs to change a bit? Just my humble opinion. [1] https://www.ycombinator.com/howto…
most partners don't look at this very much.
"He has no comments, he must have been busy doing something else interesting." vs "He has 500 comments, and shows he isn't interested in considering other approaches"
sama, I'm curious about how it works when YC invests in a company with "millions of dollars raised"; do you still take 7% and if so how do you avoid the appearance of a down round?
Someone looking at the investment history of a company isn't going to blindly look at the number and say "down round"; they're going to look at the name "Y Combinator".
There are companies that are accepted with just an idea and companies with six figure revenues that are rejected. There are founders with bad ideas that are "funded for the pivot," and founders like Drew Houston who are rejected because their initial idea was bad.
It just seems kind of random.