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Startups from Y Combinator’s S19 Demo Day 2

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21–30 of 161 posts

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

#21

https://prooftrading.com/ this looks like a resume template. The "Progress" section's content is mind boggling to see. "hire CTO" as a goal Team capabilities star ratings...

I love the transparency. The team seem to have extremely relevant skills and experience - they just are most definitely not CMOs.

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

#22
> GitStart allows you to send small coding tasks (from JIRA, etc.) to its global network of developers. They charge a fee for each task — but if the developer does a good enough job that you’d like to hire them more permanently, GitStart also makes a commission.

When was this company created? I thought the Git trademark policy disallows anybody new from naming things “Git”-thing.

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

#23
post #18

Earlier quoted context omitted.

Even folks working on the problem sometimes think it is non-viable. I question the thing I'm working on, every single day. That's just how it is, even after you commit. If one can deliver real value to end-users, and the growth takes a phenomenal turn, then different kind of non-viable thoughts would emerge, I'm sure.

But the thing is, I'm actually pretty certain there's close to zero value in the solid 3/4 of these ideas. I concede that maybe I just don't see it, but statistically my odds of being right are much better than theirs.

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

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

#24

Here are the ideas that I think have the most potential... talar: Huge potential here. Cars are on their way out, and scheduled grocery delivery can replace it. spotless materials: Coatings can make a huge difference in the way we interact with materials... in fact, for the most part, that's all we interact with. better coatings make things better. encellin: I believe that interacting with our bodies on a more finely…

Rejuvenation Technologies is based on this paper: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4415018/

I hope they can get this to work! The issue is their paper uses technology covered by other players in the space who have a decade head start and significant research budgets. Maybe they'll get bought out, but my guess is delivery and CMC are hurdles they'll run up against and then have a hard time getting follow-on investors. FIH for this idea is going to be really hard. If they can get this going, I'd love to see adding in additional components of the telomerase holoenzyme.

Edit - Their IP position is actually pretty strong and they are already thinking about delivering the other holoenzyme components: https://patents.google.com/patent/US20140242155A1

I hope they lean on the exosome delivery idea discussed within, "In highly preferred embodiments, the delivery vehicle is an exosome". That would really differentiate them from the competition. The real test will be biodistribution in non-rodent models. I will be following closely!

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

#25
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.…

I recently heard about Antler, how is the programme?

It has been very helpful for me. I am a tech guy and they have assisted in various ways for me to find a cofounder, for example with opportunities to work on mock business cases with the other people in the program, lots of time to chat and allowed us to take our time when to decide to partner up, most people teamed up after 3-4 weeks.

Speaking about other people, as I mentioned it's about 72 of us, 40% ish with tech background, the rest with business and/or industry experience.

They provided us with advice on what to do first to validate the idea, get traction with first customers, and many opportunities to do mock investment pitches where we would get comments from a committee with what we need to improve or what investors would ask.

Additionally there were some courses about different aspects of startups, from design thinking to unit economics, sort of like a mini mba.

So far it has been very valuable for me.

However, on the criticism side, it's sort of early days for them so they could not give too much advice for example on how to tell if a team works or not, with my first team that I had formed we spent 5 weeks (out of 10) spinning in circles not being able to decide on any idea. We generated around 12 but discarded them as soon as any friction came. So we had disbanded and stressed out, then I met another person who had a firm idea what to do and had already validated it, just needed a tech person, and this is going much better now.

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

#26
post #6

Working in the area makes this text on Tensil’s page me extremely curious: “This gives you the performance of custom silicon at the cost of commodity hardware. With Tensil, you can roll out your dream chip in weeks instead of years, at prices measured in thousands instead of millions.” So they designed some fuse programmable ASIC for machine learning? Setting the fuses makes this ASIC “custom silicon”? ASIC for thous…

Is there even a market for cheap ASICs?

ASIC set-up costs are only a problem on low volume production runs, and in that case generic purpose hardware is probably a cheaper solution anyway.

If you have some high computation or bandwidth requirements that can't be met with of the shelf hardware, then FPGAs are probably still a better solution.

So if you ask me, Tensil is just trying to ride the AI wave.

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

#27
post #18

Earlier quoted context omitted.

But the thing is, I'm actually pretty certain there's close to zero value in the solid 3/4 of these ideas. I concede that maybe I just don't see it, but statistically my odds of being right are much better than theirs.

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.

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

#28
Fresh out of Y Combinator, Tandem lands millions from Andreessen Horowitz

https://techcrunch.com/2019/08/20/tandem/

"is raising a $7.5 million seed financing at a valuation north of $30 million"

"We’re told several top venture capital firms were vying for a stake in Tandem. One firm even gifted the founders a tandem bike, sources tell TechCrunch, resorting to amusing measures to sway the Tandem team. But it was a16z — which has an established interest in the growing future of work sector, evidenced by its recent investment in the popular email app Superhuman — that ultimately won the coveted lead investor spot."

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

#29
post #15

MyPetrolPump: Bold move to start a business for ICE cars today. Those things need to be all but gone by 2040.

Is getting fuel in India really such a hassle that people are willing to pay a premium to get the fuel delivered to them? How big is this market?

I live in Europe, and have never been to India, so I don't know about the situation there. But personally I can't imagine paying for a service that would maybe save me 5 minutes per week.

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

#30
post #22

> GitStart allows you to send small coding tasks (from JIRA, etc.) to its global network of developers. They charge a fee for each task — but if the developer does a good enough job that you’d like to hire them more permanently, GitStart also makes a commission. When was this company created? I thought the Git trademark policy disallows anybody new from naming things “Git”-thing.

What about GitHub? Is it older than Git's trademark?
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