Live data from Hacker News

Startups from Y Combinator’s S19 Demo Day 2

techcrunch.com

131–140 of 161 posts

Re: Startups from Y Combinator’s S19 Demo Day 2

#131
post #20

I'm quite curious about Waves. There have been a number of unsuccessful attempts (that I'm aware of) to make a dating site/app with kink matching, but it's hard to keep the emphasis on sexual compatibility from completely overwhelming the other aspects of dating. Looking at their site, there doesn't appear to be any obvious secret sauce (the app is not available where I am) except perhaps that the range of 'kinks' th…

What if it's not about "dating", but just casual sex, like Grindr?

Re: Startups from Y Combinator’s S19 Demo Day 2

#132
post #2

What always strikes me about these lists is that if I had these ideas (and I often do), I'd discard them out of hand as non-viable. Yet people behind these startups don't mind staking years of their life on what is essentially a lottery with rather poor odds, and find passion in doing things which, at best, would make me yawn. Maybe I'm just old, I don't know.

I’ve always felt that for many it’s a hedged situation, the ~75k+ salary, networking, and resume bullet points, represents similar or greater compensation than what they might make alternatively. A C-level position at a YC startup will grant you a 100k+ salary at a YC company that did manage to make it to a series A afterwards even if your company didn’t make it that far. It’s a self accommodating industry (IMO).

> grant you a 100k+ salary

If you're a developer you can make that anyway, isn't that basically an entry level salary in SF?

I'm very curious how much you can pay yourself as a YC founder after your first round, is there any data on this? Must be more than 75k.

Re: Startups from Y Combinator’s S19 Demo Day 2

#133
post #127

Earlier quoted context omitted.

This is the norm in business. It forces reciprocity. It’s why most sales orgs spend so much on business entertainment.

I (think) I know what you’re saying, what I’m saying is that if I said I was interested in your billion dollar automobile startup, and bought you a car as a gesture, you might be excited, until I handed you the keys to a used 1998 Hyundai Excel. Unless I really am missing the point, because a $500 bicycle really is a pretty cheap machine these days, let alone a $500 tandem. https://en.wikipedia.org/wiki/Hyundai_Excel

It's the thought that counts right? Tandem is the name, they are gifted a tandem bike, which reinforces the symbolism of doing something together. I'd hope it would be perceived either neutrally, or generate some very small positive feelings, but not negatively.

Re: Startups from Y Combinator’s S19 Demo Day 2

#134
post #127

Earlier quoted context omitted.

I (think) I know what you’re saying, what I’m saying is that if I said I was interested in your billion dollar automobile startup, and bought you a car as a gesture, you might be excited, until I handed you the keys to a used 1998 Hyundai Excel. Unless I really am missing the point, because a $500 bicycle really is a pretty cheap machine these days, let alone a $500 tandem. https://en.wikipedia.org/wiki/Hyundai_Excel

It's the thought that counts right? Tandem is the name, they are gifted a tandem bike, which reinforces the symbolism of doing something together. I'd hope it would be perceived either neutrally, or generate some very small positive feelings, but not negatively.

I appreciate all the positive readings.

Maybe it’s that I’m personally more focused on downsizing than accumulating :)

Re: Startups from Y Combinator’s S19 Demo Day 2

#135

Earlier quoted context omitted.

You have much better odds of being right but they have much better odds of being successful.

That is a pretty unwarranted passive-aggressive remark, especially considering you know nothing about the person you'r e replying to and all he said were objective truths.

I'm pretty sure he means that by being a critic on the sideline, you have a better chance of being right, but you have much worse odds of doing something great. Or said differently, if you never try, you never fail, but you also never succeed. I don't think that's an inappropriate response to someone who's saying "3/4 of these ideas suck".

And no, what the person he's responding to is saying aren't objective truths.

Re: Startups from Y Combinator’s S19 Demo Day 2

#136
post #12

I am currently participating in another accelerator in London called Antler; and I have been exposed to ideas from 70 entrepreneurs. We are presenting to investors this week. Also I am in YC Startup School too, which allows you to see what's coming up in the world, and that's awesome too. It's amazing to see that a significant percentage (~30%) of ideas they have come up with have been also thought of by others e.g.…

What do you think about their fee and stake?

Looks like it ranges 60-80k [after their fee] for a 10% stake.

That feels pretty expensive for an accelerator, especially one that's new, with little network effect yet.

Re: Startups from Y Combinator’s S19 Demo Day 2

#137
post #81
post #2

What always strikes me about these lists is that if I had these ideas (and I often do), I'd discard them out of hand as non-viable. Yet people behind these startups don't mind staking years of their life on what is essentially a lottery with rather poor odds, and find passion in doing things which, at best, would make me yawn. Maybe I'm just old, I don't know.

I kinda agree. I just don't see the value in 90% of those ideas even if they are well executed. Maybe I'm getting old too but it seems most of these propositions are based on the premise of making something attractive and getting funding from VCs wanting to diversify their investments and play the lottery. The lowest hanging fruit in tech has already been taken years ago and the human needs haven't changed that much.…

With all the advancements in ML, there's a new set of lowest hanging fruit, and it's incredibly exciting.

Re: Startups from Y Combinator’s S19 Demo Day 2

#138
post #137
post #81

Earlier quoted context omitted.

I kinda agree. I just don't see the value in 90% of those ideas even if they are well executed. Maybe I'm getting old too but it seems most of these propositions are based on the premise of making something attractive and getting funding from VCs wanting to diversify their investments and play the lottery. The lowest hanging fruit in tech has already been taken years ago and the human needs haven't changed that much.…

With all the advancements in ML, there's a new set of lowest hanging fruit, and it's incredibly exciting.

I'm not an expert, but I imagine that the companies working on those easier problems already started a couple of years ago.

Hard problems like self driving cars and natural language interfaces are way beyond the capabilities of a small startup.

Re: Startups from Y Combinator’s S19 Demo Day 2

#139

Earlier quoted context omitted.

It's because ideas are the easy part. How many people thought of Uber before it existed? Probably everyone that has ever had to book a taxi.

The interesting part about Uber is the legal side and not the actual transportation. I.e. how can you legally provide a public transportation without paying for permit. Or how can you call a driver a non employee while specifically giving him orders to drive. This is the real innovation.

Uber is a marketing company and the customers are the drivers. The criticism of Uber “ordering” drivers ignores the fact that exactly how the taxi business has worked. Taxi companies don’t have drivers as employees, they are almost always contractors that lease or buy cars from the taxi company. Spend some time as an actual Yellow Cab driver and then contrast that to how good Uber drivers have it by comparison. You can, for example, just not drive and Uber doesn’t charge you a fee. A taxi driver has to pay Yellow Cab daily or weekly for their car/fees no matter if they are rolling or not. A Yellow Can driver can’t also work in the same car for another taxi company, while Uber drivers can drive simultaneously for Lift, do deliveries for various companies, etc. Uber markets rides for the drivers, drivers are customers of Uber, not employees. The taxi business has always sucked for drivers, Uber didn’t create that, they actually made it better because a driver isn’t forced to lease Yellow Cab metal. Uber also broke the taxi medallion racket that kept taxis in many large cities under the control of the mafia or other connected people who could artificially distort the supply and demand using political pressure and payoffs. Destroying the value of taxi medallions was the real, great innovation of Uber. And, the public isn’t any less safe with Uber than they were with taxi monopolies. Passenger safety is practically the same, especially when accounting for the dramatically higher volume of ride share trips compared to the volume of taxi trips.

Re: Startups from Y Combinator’s S19 Demo Day 2

#140
post #63

Vendr.com: A SaaS to keep track of your SaaS subscriptions. and a 6.5k or 10k PER MONTH for someone to buy your SaaS subscriptions seems super expensive. I'm not too versed in the SaaS market but is this really something that you need a dedicated "SaaS expert" to manage for you?

It is a strange abstraction that some businesses need, I suppose.

Wouldn't you just need them to arrange and liaise with the vendors at the beginning? Once the plans are finalised, why is Vendr.com still needed?...

Post reply on HN