Live data from Hacker News

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

news.ycombinator.com

51–60 of 65 posts

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

#52
going around down voting isn't making a point is it? Its like the bully hitting the weak kid because he cannot respond intelligibly to his questions. Please speak your mind. If you cannot convince me without down voting, maybe you need to read a few blogs about how to get IT out of the brains. It is a very short distance, but for some it is a long way so they just go with the next best thing. In this vas that is down voting. Because you cannot hit me physically you are trying to get points away. I believe that is showing your level of maturity and if you are truly honest to yourself I am challenging you to put your startup name here and I will put mine. We should all agree to disagree. If you do not like my comment then do not read them. Excuse my freedom of speech.

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

#55
post #44

Earlier quoted context omitted.

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 fo…

Yes, exactly.

You're kind of proving my point here. Designing clothing is hard. Designing web apps are hard. You need to be good at each to be successful at each. You won't be good at either if all you have is a "business/marketing genius" with an idea.

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

#57
post #26

Earlier quoted context omitted.

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 visio…

I'm saying that Y Combinator is a very small number of people providing startup and venture capital mentoring to a correspondingly large number of bright young people (not all of whom are technical). I'm saying that if you tried to take a similarly small number of technical experts to support a similarly large number of fledgling companies, it probably wouldn't work.

I'm not saying you have a bad idea, but it's an important question and "hiring programmers" isn't really a good answer. If I was a good hacker, and I could take 6% from 30 little companies and do all their coding in 3 months, that might be fun and profitable. I think the chances of you finding someone that capable and willing to take the risk are slim, is all.

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

#59
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.

http://www.paulgraham.com/startuplessons.html

Number seven

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

#60
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.

There's a lot of layers of the medium. Design and programming is only a narrow part of the broader picture.
Post reply on HN