inDinero saw rejection many times before getting into Y Combinator... We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan competition first in spring of 2009, then again in the spring of 2010. We also got turned away from TechStars during Spring 2009. We also tried raising angel money in the summer of 2009 and couldn't get a single commitment. It's not all fun and roses. This kept us…
Y Combinator W2011 application (my rejection email)
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Re: Y Combinator W2011 application (my rejection email)
#22Re: Y Combinator W2011 application (my rejection email)
#23I don't know about you guys, but I'm still in a pretty good mood despite being declined. I quit my job yesterday and I'm going to be working on my (3rd) startup full time. It's liberating to become completely dependent on your own ability. Bootstrapping: "a self-sustaining process that proceeds without external help"
But I was getting miserable at work because all I wanted to do was work on my startup. I'm looking for other seed funding now since I can't afford to bootstrap. Let's see how this turns out. And let's hope my family doesn't starve.
I'm available to freelance as a UX/Mobile designer for anyone hiring in nyc! Money to tide us over as I work on my startup would be nice :)
Re: Y Combinator W2011 application (my rejection email)
#24I received the same exact letter lastyear for my music related startup. Word for word. You can email them directly to get more detailed info on exactly why they rejected you. I did it and got some good feedback.
Re: Y Combinator W2011 application (my rejection email)
#25I just got my rejection letter too. I have to say, though, that the whole experience has been great. Filling out the application really made me think a lot about my business, and what my pitch is. It's amazing the clarity that comes from writing the answers to those questions down and making that video. Good luck to everyone who hasn't been rejected yet! :)
Re: Y Combinator W2011 application (my rejection email)
#26Hey folks, we are looking for co-founders, and would love to get with like minded people to shoot the sh*t. I have an email going around for a potential meetup in SFBayarea. Let me know if any of you are interested. rahulsharma2001@gmail.com www.ikonblvd.com
1) Do not make me watch a video to see what you're doing. Write some text -- you should be able to explain it in one sentence and then have some supporting text if you want/need to clarify things.
2) If you really only have 2 employees and one of you is the CEO and one of you is the President, You're Doing It Wrong. Ditch those titles and just go for "founder" at most.
Re: Y Combinator W2011 application (my rejection email)
#27If getting rejected by YC is going to stop you, consider that you might not have the determination needed to found a startup. I'm considering putting together a friends-and-family round for my startup now. The YC email was just one data point on the path.
The secret about rejection is... succeed in spite of the people that rejected you! :-)
Re: Y Combinator W2011 application (my rejection email)
#28inDinero saw rejection many times before getting into Y Combinator... We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan competition first in spring of 2009, then again in the spring of 2010. We also got turned away from TechStars during Spring 2009. We also tried raising angel money in the summer of 2009 and couldn't get a single commitment. It's not all fun and roses. This kept us…
Did the product improve between TechStars and YC? Or did the YC team see something in you that the others didn't 'get'?
I think we didn't get into TechStars because we were still wrapping up school. YC probably would have rejected us too.
Re: Y Combinator W2011 application (my rejection email)
#29inDinero saw rejection many times before getting into Y Combinator... We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan competition first in spring of 2009, then again in the spring of 2010. We also got turned away from TechStars during Spring 2009. We also tried raising angel money in the summer of 2009 and couldn't get a single commitment. It's not all fun and roses. This kept us…
Re: Y Combinator W2011 application (my rejection email)
#30inDinero saw rejection many times before getting into Y Combinator... We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan competition first in spring of 2009, then again in the spring of 2010. We also got turned away from TechStars during Spring 2009. We also tried raising angel money in the summer of 2009 and couldn't get a single commitment. It's not all fun and roses. This kept us…
Did the product improve between TechStars and YC? Or did the YC team see something in you that the others didn't 'get'?