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…
Startups from Y Combinator’s S19 Demo Day 2
131–140 of 161 posts
Re: Startups from Y Combinator’s S19 Demo Day 2
#132What 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).
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
#133Earlier 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
Re: Startups from Y Combinator’s S19 Demo Day 2
#134Earlier 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.
Maybe it’s that I’m personally more focused on downsizing than accumulating :)
Re: Startups from Y Combinator’s S19 Demo Day 2
#135Earlier 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.
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
#136I 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.…
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
#137What 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.…
Re: Startups from Y Combinator’s S19 Demo Day 2
#138Earlier 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.
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
#139Earlier 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.
Re: Startups from Y Combinator’s S19 Demo Day 2
#140Vendr.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?
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?...