Are you guys willing to accept a solo hw startup founder from USA?
YC Fellowship
391–399 of 399 posts
Re: YC Fellowship
#392This sounds similar to my HN proposition from a couple years ago, only 10x better for the applicants. Damn you Ycombinator! :)
How did it turn out? As far as I can tell, the last time you published something about it was the blogpost[1] from 9th February 2013 where you said that 5 MVPs were greenlighted. Did any of them gain any significant traction?
[1] http://hnproposition.blogspot.cz/2013/02/first-5-mvps-green-...
Re: YC Fellowship
#393Kat from YC here. Sam, Matt Krisiloff and I are happy to answer any questions about the Fellowship. You can also send questions to fellowship@ycombinator.com.
We don't have beta ready, but we do have wireframes. Should we post them instead in "If you have an online demo, what's the url? (Please don't password protect it; just use an obscure url.)" question?
Re: YC Fellowship
#394Hi Everybody,
We are trying to do a startup fellowship list in this link :) https://news.ycombinator.com/edit?id=9956732
Re: YC Fellowship
#395For me, the key is that they are even considering remote. I think that really is the part that is needed to get to another 10x. I am not saying remote work is intrinsically 10x better in quality or quantity, I am thinking about it more from the point of view of people who cannot or will not travel, new people that can be reached this way. Take myself for example: I do have this thing that I am working on.. but I also…
I think there are tradeoffs here, right?
For example: YC knows the Bay Area well, their roots are strong where they are situated. If you're not in their area of expertise, you're potentially missing out on a lot of their resources right?
On the other hand: There's probably a lot of opportunities YC is missing out on because they understand that there are people out there that cannot make that long-term commitment.
In the end, this is why I understand that they're running this as an experiment. And I hope that their hypothesis proves to be that remote YC companies work so that they can apply this to their flagship program.
Re: YC Fellowship
#396We are not actively searching for investments yet, I think the YC Fellowship could be a great opportunity to get advices and contacts. But I'd need some feedback: do you think we could be eligible for the fellowship? Here are some details: - startup in the SaaS space (collaboration tool for remote teams) - 2 founders + 2 full time employees - money: 300K USD from a previous exit by the founders - private alpha in jan…
As long as you didn't take any money from outside, I believe you can make it to fellowship.
Just curious. How are you planning to monetize from this point. When you start charging for your service, how much churn do you expect?
Re: YC Fellowship
#397Well if nothing else, applying to the fellowship introduced me to Hacker News. I thought it must only be programming-related, but this is awesome.
Re: YC Fellowship
#398What I found to be a really interesting differentiating factor between the YC Fellowship and other VCs is that they were open to companies in the idea stage. It has taken me on and off about 3 years to come up with a fashion social media platform named MyStylist and I appreciate the chance to compete even though I have not been able to fully execute it. I think that choosing a company in the idea stage definitely has its risks but it can turn up to be a very rewarding venture.
Re: YC Fellowship
#399I'm not sure about the US, but in India this would be huge. The early stage ecosystem is fairly broken, but the startup scene is crazy hot - everyone is doing a startup and the talent pool is huge. Early stage investors put around 20-50K USD and take 30% of equity (yes equity - convertible notes are shunned in India). A USD 12K grant and the YC cred, would go a long way in rebalancing the ecosystem. I personally beli…
Here in the Philippines also. The biggest startup competition here will give you $12,000 for 20% equity of your startup.