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How I Got Kicked Out of Y Combinator and Then Raised $1.5m for My Startup

joncrawford.com

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Re: How I Got Kicked Out of Y Combinator and Then Raised $1.5m for My Startup

#121

Post by pg »

idiopathic wrote: post #114
pg wrote: post #113

Earlier quoted context omitted.

No, you have the story wrong. We didn't push him to apply to YC. And he definitely didn't split up the company for us. He hadn't yet done it when he arrived in SF, and when we learned he was planning to, we advised him not to.

I am sure I do have the story wrong, if only because I was not there. I just went on what was posted so, could the original author of the story either correct the story, or correct PG? For "We didn't push to apply to YC", the original posting had said "I hadn't really considered an incubator like YC because we already had a product, customers, and whatnot and I thought I really just needed cash to hire a bunch of peo…

"In other words he did not say that you had told him the company should stay put, you had told him you would not fund him, now that the company had split up in trying to fulfil YC's requirement for SV location."

You have misinterpreted what he wrote. Specifically the phrase "now that the company had split up" is false. The company had not yet split up. He had (at most) a verbal agreement with his cofounders that they would split up the company in the future, but they had not acted on it yet. Our advice was not to.

Re: How I Got Kicked Out of Y Combinator and Then Raised $1.5m for My Startup

#122

Post by [deleted] »

NewMonarch wrote: post #78
DevX101 wrote: post #77

Earlier quoted context omitted.

If I were managing an incubator with 1000 applicants twice a year, and 2/3s of a founding team decided they didn't want to join the program, I would take that as a vote of no-confidence from those two members. In a lot of situations in life, you have imperfect information and you have make the best judgment call based on what you have. Maybe those 2 guys didn't go to YC because of family obligations although they'd r…

FYI, we were all full-time, the business was already profitable and we were all living off of the income it was generating. The startup clearly had legs then and still does.

[deleted]

Re: How I Got Kicked Out of Y Combinator and Then Raised $1.5m for My Startup

#123

Post by idiopathic »

pg wrote: post #121
idiopathic wrote: post #114

Earlier quoted context omitted.

I am sure I do have the story wrong, if only because I was not there. I just went on what was posted so, could the original author of the story either correct the story, or correct PG? For "We didn't push to apply to YC", the original posting had said "I hadn't really considered an incubator like YC because we already had a product, customers, and whatnot and I thought I really just needed cash to hire a bunch of peo…

"In other words he did not say that you had told him the company should stay put, you had told him you would not fund him, now that the company had split up in trying to fulfil YC's requirement for SV location." You have misinterpreted what he wrote. Specifically the phrase "now that the company had split up" is false. The company had not yet split up. He had (at most) a verbal agreement with his cofounders that they…

My apologies for misinterpreting.

Re: How I Got Kicked Out of Y Combinator and Then Raised $1.5m for My Startup

#124

Post by newman314 »

shasta wrote: post #42
NewMonarch wrote: post #24

Earlier quoted context omitted.

It's hard to say. To be fair, YC never met the rest of my cofounders. I was the only one they'd ever spoken with. - Jon (The guy who wrote this story. :)

)

Does this count for most points awarded for least number of characters?
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