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Reverse YC funding program. PG, what's your thought?

news.ycombinator.com

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Re: Reverse YC funding program. PG, what's your thought?

#41

Post by rokhayakebe »

ryantmulligan wrote: post #22

So your company will be generating 94% of the value instead of 6%?

Not at all. If I make your prototype and help you launch it. If it is a good product then eventually you will be able to add technical cofounders and they can come in and help even more. It also shows that you are good at something other than thinking and you are already trying to make your vision a reality. That alone, my friend, is worth millions. Doubt it let's go to a vc and you got an idea and I got the prototype.

Re: Reverse YC funding program. PG, what's your thought?

#42

Post by rokhayakebe »

blader wrote: post #37
rokhayakebe wrote: post #8

Earlier quoted context omitted.

Hire developers for 2 months and work on the apps. Invest 15,000 for development like PG maybe. I mean guy launched truemors for 12K

And Truemors is a piece of shit. And Guy is famous. 15K is enough when you have motivated founders who own half the company and are willing to eat ramen and sleep on cots for 3 months to realize their dreams. It is not enough to hire the equivalent programming talent for 3 months to work on an idea by non technical founders.

Would you like to bet on it

Re: Reverse YC funding program. PG, what's your thought?

#43

Post by rokhayakebe »

paul wrote: post #32

You haven't launched your startup yet, but in 20 months you will be financially set from its sale?

That is called being optimistic I believe. It might never make it through the first 25 users. Maybe it will suck to death. Money from s startup or from the lottery, it is totally arbitrary. All I am trying to say is that such a program should exist.

Re: Reverse YC funding program. PG, what's your thought?

#44

Post by blader »

rokhayakebe wrote: post #40
pg wrote: post #33

The problem is, sales and marketing people generally don't have good ideas for startups. Because they're not masters of the medium, they don't know what's possible.

Call me crazy but it feels good to have PG comment. To get back to your comment, I respectfully disagree. that is like putting a limit to the power of thought. Think about manufacturing. How many clothing line make millions of dollars and are highly successful, but the founder can't even use a sewing machine. Same for moms who make millions because they thought of a crazy fork-knife combined and hired a manufacturer…

Unless you're a celebrity, how many people have clothing lines can't design clothes? How many people own restaurants and don't know how to cook?

How many people think designing software is as easy as designing a spork?

Re: Reverse YC funding program. PG, what's your thought?

#45

Post by rokhayakebe »

Caligula wrote: post #23
rokhayakebe wrote: post #20

Earlier quoted context omitted.

i ll answer that when you answer what exactly is "talented developer/programmer". We can both write books on the subject.

The only riff raff you get will be unsuccessful sales/marketing people. Your basically going to be paying for an idea. I am inexperienced but from what I have read, ideas are not worth a whole lot... I would hope that the answer to your question is farely obvious......

Dude. If we move our thinking process from this is not going to work to how are we going to make it work then a solution will emerge. I mean common, we are at ycnews where people challenge the Impossible.

Re: Reverse YC funding program. PG, what's your thought?

#46

Post by rokhayakebe »

Goladus wrote: post #26
rokhayakebe wrote: post #8

Earlier quoted context omitted.

Hire developers for 2 months and work on the apps. Invest 15,000 for development like PG maybe. I mean guy launched truemors for 12K

I don't think that would work too well. You'd need to find a few exceptionally talented hackers that would be interested in helping a variety of founders implement their ideas technically for a significant stake (eg 6%) in the company. I'm not sure there's anyone who can code that much. Realize also that Y Combinator doesn't discriminate against non-technical people, except that the applying company has to have at le…

So you are telling me that if you find someone who gave away 5 % of his stock to get an alpha product out, asuming you like the idea, you still would not consider being a cofounder to his startup ? The way startups are made today is almost the same 1.have a unique idea 2. Work hard at building the alpha and demo it 3. Get funded and grow it. Etc....

All I want is to have step 1.5 get someone who understand your vision to help you build the alpha.

Re: Reverse YC funding program. PG, what's your thought?

#47

Post by blader »

rokhayakebe wrote: post #42
blader wrote: post #37

Earlier quoted context omitted.

And Truemors is a piece of shit. And Guy is famous. 15K is enough when you have motivated founders who own half the company and are willing to eat ramen and sleep on cots for 3 months to realize their dreams. It is not enough to hire the equivalent programming talent for 3 months to work on an idea by non technical founders.

Would you like to bet on it

Probably not. We clearly have very different definitions of what "talent" means.

Re: Reverse YC funding program. PG, what's your thought?

#48

Post by rokhayakebe »

blader wrote: post #44
rokhayakebe wrote: post #40

Earlier quoted context omitted.

Call me crazy but it feels good to have PG comment. To get back to your comment, I respectfully disagree. that is like putting a limit to the power of thought. Think about manufacturing. How many clothing line make millions of dollars and are highly successful, but the founder can't even use a sewing machine. Same for moms who make millions because they thought of a crazy fork-knife combined and hired a manufacturer…

Unless you're a celebrity, how many people have clothing lines can't design clothes? How many people own restaurants and don't know how to cook? How many people think designing software is as easy as designing a spork?

Thinking of a unique clothing line isn't that different from thinking of a unique web app. If you doubt then I suggest you grap a grab a pair of loafers from cole haan and compare it to one from banana republic. Look at the threads inside. Look at the cut and drive with it. If you think it is the same then you are as my friend who cannot understand the differnce between hotmail and gmail. Designing a jcrew sweater for complicated people like me is as hard as designing a web app. You are looking at major clothing lines, but maybe you should digg underground and find brands that are less known. The restaurant argument is harder to prove. So you got that one. And even if designing a sweater was easier than building a web app, I can argue that you can distributing your service is 25 times easier than distributing your sweater.

Re: Reverse YC funding program. PG, what's your thought?

#49

Post by rokhayakebe »

blader wrote: post #44
rokhayakebe wrote: post #40

Earlier quoted context omitted.

Call me crazy but it feels good to have PG comment. To get back to your comment, I respectfully disagree. that is like putting a limit to the power of thought. Think about manufacturing. How many clothing line make millions of dollars and are highly successful, but the founder can't even use a sewing machine. Same for moms who make millions because they thought of a crazy fork-knife combined and hired a manufacturer…

Unless you're a celebrity, how many people have clothing lines can't design clothes? How many people own restaurants and don't know how to cook? How many people think designing software is as easy as designing a spork?

Thinking of a unique clothing line isn't that different from thinking of a unique web app. If you doubt then I suggest you grap a grab a pair of loafers from cole haan and compare it to one from banana republic. Look at the threads inside. Look at the cut and drive with it. If you think it is the same then you are as my friend who cannot understand the differnce between hotmail and gmail. Designing a jcrew sweater for complicated people like me is as hard as designing a web app. You are looking at major clothing lines, but maybe you should digg underground and find brands that are less known. The restaurant argument is harder to prove. So you got that one. And even if designing a sweater was easier than building a web app, I can argue that distributing your app is 25 times easier than distributing your sweater.
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