Live data from Hacker News

Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

techcrunch.com

41–50 of 78 posts

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#41

I am a bit puzzled by OneLocal. It looks like it's a review generation / marketing automation / CRM solution for small businesses. Just off the top of my mind, i can think of the following venture backed companies that do the same (at least on the reviews / marketing for SMB front): - BirdEye - Podium.com - DemandForce - Signpost - Yodle - Womply - Broadly.com - Yext What am I missing?

It is a huge market, one more horse in the race.

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#42
post #2

I was expecting Slik[1] to be on this list. Anyone know why it was not included? There were quite a few articles about this company since it was founded by a 15 year old and a 16 year old [2]. There was also a WSJ article[3] today though I did not read it since it's paywalled. Anyway to read the article? [1] https://blog.ycombinator.com/get-automated-leads-from-a-data... [2] http://betakit.com/slik-ais-founder-the-yo…

'slikq'= Slik HQ?

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#43

observation: Good: Hardly any entry of "Uber for X". That's a relief considering most "uber for X" are not viable businesses. Bad: we are going after "billion dollar market". How do you even estimate the market size ?? why dream of revenue in billions why not millions. A small company can be a great company. Bad: 50%-60% companies from day 1 or day 2 do not have mission critical business. Their business is finding a…

It's the fundamentals behind investing. Basically, you make no money gambling $10 ten times on 10% chance of success with $100 returns, but you make money if the returns are $10,000. So, for investing in companies, there is no point funding companies aiming for millions as you can't get a good return because of the failure rates. They're basically taking up one of the slots of a potential billion $$$ company. The poi…

As much as I appreciate that's the VC model, perhaps less would fail if VCs didn't push for billions in revenue? The failure rate might be less than 9/10 if it wasn't "all or nothing"? Guessing it still wouldn't make enough home runs as an investment vehicle though?

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#46
post #19

Earlier quoted context omitted.

ok, only one company.

The article (oddly) doesn't mention it, but Surematics is blockchain based - https://surematics.com/

I don't think that's odd at all. We should be doing away with our reverence for this or that technology. Ultimately if there's no token/coin involved, it's none of our business.

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#47
Piggy (piggy.co.in), the "Vanguard for India"!

Just wow. Now there is a concept that sells itself. It's easy to see the Total Addressable Market potential. Savings institutions such as Vanguard and BlackRock are completely embedded in our lives. Every high school student who graduating this summer was probably given the same advice to start saving early and I'm guessing for those who did, many selected a Vanguard fund. At least those not speculating in BTC and ETH.

For Asia's emerging middle class, solving the problem of where to safely invest for generational periods of time looks daunting but enormously rewarding. Am interested in hearing about all aspects of the issues and Piggy's solution. What are the cultural roadblocks to getting young Indian professionals who just want to spend on travel, living material goods, etc. to think about investing long term? What comprises the funds holdings? How do you solve the issue of liquidity? Are you considering developing your own products such as market ETFs for direct investment?

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#48

Earlier quoted context omitted.

It's the fundamentals behind investing. Basically, you make no money gambling $10 ten times on 10% chance of success with $100 returns, but you make money if the returns are $10,000. So, for investing in companies, there is no point funding companies aiming for millions as you can't get a good return because of the failure rates. They're basically taking up one of the slots of a potential billion $$$ company. The poi…

As much as I appreciate that's the VC model, perhaps less would fail if VCs didn't push for billions in revenue? The failure rate might be less than 9/10 if it wasn't "all or nothing"? Guessing it still wouldn't make enough home runs as an investment vehicle though?

Failure rate doesn't matter. 99% failure * 1B > 90% failure * 1M

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#49

Retool sounds great. I've wasted so much of my time building internal tools that are relatively simple and are just a bunch of forms and always thought that finding an easy way to build internal tools is a massive market opportunity. But I wonder if it's even possible to create a one size fits all solution. Hope they find a way.

I doubt it's supposed to look like this:

http://imgur.com/QIQiy9W

Doesn't exactly give me confidence in their tooling.

Re: Companies from Y Combinator’s Summer 2017 Demo Day (Day 2)

#50
I think there is definitely a market for OneLocal[0]. I've been renovating my house lately and dealing with trades is a mess. I had a few very reputable AC guys come in and quote on installing a unit. After they left there was no follow up whatsoever... no email, no text, no call, not even automated stuff. If OneLocal could solve that problem they could probably help SMBs convert more customers.

0- http://info.onelocal.com/for-business

Post reply on HN