41–50 of 52 posts
I apologize for this dumb question but why do I still see the "edit your application link" ? Shouldn't this link disappear after the application is submitted ? Or did I screw up my submission ?
See http://ycombinator.posterous.com/y-combinator-will-now-accep...
Not really a plus from the applicant side. It's crazy impressive, but how many can they take?
I apologize for this dumb question but why do I still see the "edit your application link" ? Shouldn't this link disappear after the application is submitted ? Or did I screw up my submission ?
7. Early submissions have a significant advantage because we have more time to look at them and engage with the founders.
8. We may have questions about your application. If there is a question waiting from us, you'll see a link to it on this page and at the top of Hacker News (when you're logged in). So check HN regularly after submitting.
They allow you to submit early and resubmit if you want to word things better or if they contact you about something that's unclear to them in your application.
I find statistics about this really inspiring. Even if YC only funds 3% if the volume keeps growing that is a good sign. Combined with the previous discussion on China which pointed out that growing an economy by infusing cash alone doesn't give you the results of long term growth, only innovation does, makes me optimistic. Sure there will be a lot of hopelessly naive applications, can't be avoided really, but there…
In this case, the very process of applying forces you to really think about your business model viability and that is a good sign.
It could be that much more naive and ignorant people are submitting applications now than before. 99% of these applications could be hogwash and disposable. That may not be the case, but who's to say it isn't?
The quantity of applications doesn't actually indicate anything except greater name recognition and maybe more recent entrepreneurs, but even that is a stretch
We just submitted our application and I have to admit that YC's application questions themselves are a great exercise for anyone who is starting a new business. I felt that all the questions really made us think about each and very aspect of our platform and challenged us to articulate it in simple words. We are excited to see what comes out of it and good luck to the rest of awesome ideas!
It is a very worthwhile exercise to try and answer them, even if you are not going to apply, for some reason. We have shot down several ideas now because of them.
This is seriously impressive. Speaks to the value startups anticipate getting out of the YC experience.
Unfortunately, I think that some companies are in it for the funding as opposed to the experience itself. The real value of YC has little to do with any checks you get, but the knowledge you earn. I would take a YC spot over a $5 million VC check in an instant. $5 million buys a lot of Heroku dynos, but the YC-knowledge/experience is something that can make you potentially 50x anything you could get without YC.
To begin with, that's not a lot of money, unless you are counting on 1-being funded by YC and 2-getting VCs to invest quickly.
I'd think that the boost of morale would be enough reason to apply.
I find statistics about this really inspiring. Even if YC only funds 3% if the volume keeps growing that is a good sign. Combined with the previous discussion on China which pointed out that growing an economy by infusing cash alone doesn't give you the results of long term growth, only innovation does, makes me optimistic. Sure there will be a lot of hopelessly naive applications, can't be avoided really, but there…
I find statistics about this really inspiring. Even if YC only funds 3% if the volume keeps growing that is a good sign. Combined with the previous discussion on China which pointed out that growing an economy by infusing cash alone doesn't give you the results of long term growth, only innovation does, makes me optimistic. Sure there will be a lot of hopelessly naive applications, can't be avoided really, but there…
i find this statistics misleading, because one cannot get meaningful results from last minute submission rate.