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The Y Combinator Experience – Remote Edition

magicbell.io

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Re: The Y Combinator Experience – Remote Edition

#81

Post by tasn »

_0o6v wrote: post #37
unamashana wrote: post #34

Earlier quoted context omitted.

That's a fair point. We need to setup some examples with mock API calls so we can offer a consistent state to all new visitors. In the meantime, here is a quick demo - https://codesandbox.io/s/elastic-northcutt-9pcgv

I don't think you (just) need to set up some examples, you need to use your own product on your own homepage. Looks good btw.

I don't think they can. They do notifications for users, but website visitors are anonymous. It doesn't make sense to add it to the landing page.

With that being said, I think a live demo is a great idea and would go a long way!

Re: The Y Combinator Experience – Remote Edition

#82

Post by shuckles »

artembugara wrote: post #8

Remote batch brought 1 more real benefit of YC: $125k. Before COVID when you have to relocate to Bay Area this is just a living fee for a low quality house + personal spendings. Now, 125k is almost a lot for pretty much any place on the planet. Therefore, many remote entrepreneurs can be more relaxed on raising capital. I'd say you even can decide to "bootstrap" with this money + GCP/AWS credits.

I don’t understand this point. YC lasts for 90 days. 3 months of rent in the Bay Area isn’t more than $15k more expensive than the counter factual, even ignoring ramen profitability ethos. Would you be indifferent between in person and remote YC if the remote version invested $110k at the same terms?

Re: The Y Combinator Experience – Remote Edition

#83

Post by jjmarinho »

reader_mode wrote: post #65
bobf wrote: post #41

Earlier quoted context omitted.

English is the most spoken second language in Spain, with ~35% of the population being able to speak it. Portugal is slightly worse at 27%, along with Ukraine (18%), Romania (31%), and Italy (34%). France (39%), Croatia (49%), Estonia (50%), Slovenia (59%), and Greece (51%) are all a bit higher. And then the Netherlands, Denmark, Norway, Sweden, Belgium, Austria, Luxembourg, and Switzerland are all between 60-70%+. A…

Maybe my impression of Mexico is wrong, but I would feel much safer living in Spain/EU than Mexico or South America.

Someone from Latin America here.

Your impressions are correct. While some violence is greatly exagerated to paint a picture (For instance, Chicago, St Louis, Baltimore, Washington are more violent than São Paulo or Rio de Janeiro), it still is MUCH safer in Europe or Sillicon Valley/New York.

Re: The Y Combinator Experience – Remote Edition

#84

Post by madamelic »

artembugara wrote: post #79
JoeOfTexas wrote: post #71

Earlier quoted context omitted.

You know what's going to happen with that mentality brought to investors. They gonna demand lower pay rates, forcing people to move to lower income areas.

VC want you to efficiently spend money. Grow. Raise more. Exit. Or die ASAP

>VC want you to spend money. Grow. Raise more. Exit. Or die ASAP

FTFY ;) Too many unprofitable / "pre-profit" companies have five figure monthly office rents for this to be untrue.

Maybe I am biased but having heard and seen horror stories of founders losing their companies because of _having_ to raise money: no thanks.

Bootstrap and if it doesn't hit ramen profitable, no biggie. If it does, go raise at favorable terms because you don't need their money.

Re: The Y Combinator Experience – Remote Edition

#85

Post by pmiller2 »

wheels wrote: post #58
iKevinShah wrote: post #55

Earlier quoted context omitted.

Curious as an outsider, which parts are not?

The middle part. It's a little more complicated than that, but mostly, away from the coasts and famous cities (Chicago, Austin, etc.), most of middle America is pretty cheap -- by American standards. It's still a lot more expensive than most of the world, obviously. But there are lots of places you could live reasonably comfortably for 2-3 years on $125k. Hell, there are a lot of places you could buy a house for $80k…

I can live at my current spending level in the Bay Area for 3-ish years on $125k. In my small, Midwest hometown, I’m sure I could stretch that to 6-8 years. The disadvantage, of course, would be living in a podunk town in the middle of nowhere.

Re: The Y Combinator Experience – Remote Edition

#86

Post by devoutsalsa »

pmiller2 wrote: post #85
wheels wrote: post #58

Earlier quoted context omitted.

The middle part. It's a little more complicated than that, but mostly, away from the coasts and famous cities (Chicago, Austin, etc.), most of middle America is pretty cheap -- by American standards. It's still a lot more expensive than most of the world, obviously. But there are lots of places you could live reasonably comfortably for 2-3 years on $125k. Hell, there are a lot of places you could buy a house for $80k…

I can live at my current spending level in the Bay Area for 3-ish years on $125k. In my small, Midwest hometown, I’m sure I could stretch that to 6-8 years. The disadvantage, of course, would be living in a podunk town in the middle of nowhere.

Is that living in a shoebox? Eating comfortably? Raising a family? Having any fun?

Re: The Y Combinator Experience – Remote Edition

#87

Post by nowherebeen »

artembugara wrote: post #10
unamashana wrote: post #9

Earlier quoted context omitted.

That's right! I completely forgot about the AWS/GCP credits. Even in a realistic usage scenario, that's adding 25 - 50k to your funding over a couple of years. The legal fees waiver for upto 10k is another one.

Indeed, we got 100k from GCP recently, and it will change a lot for our bootstrapped company. It basically makes us "ramen profitable"

What’s the criteria for getting 100k? The most I ever got was 5k.

Re: The Y Combinator Experience – Remote Edition

#88

Post by abhinav22 »

unamashana wrote: post #7
abhinav22 wrote: post #5

Nice write up on your experience in YC, thanks for that. How much do you think you get distracted by talking and listening with others in your YC network vs actually focusing on your product? As a lone wolf programmer, I avoid talking to people

They try to minimize the distractions (and they recommend you do too). Personally, I like being distracted a bit and mingling so it worked out just fine for me. Other than the group office hours, they don't insist you attend anything up until the demo day preparation starts.

Thanks

Re: The Y Combinator Experience – Remote Edition

#89

Post by alexcnwy »

matteuan wrote: post #53
ramraj07 wrote: post #12

Earlier quoted context omitted.

Any suggestions? Spain has been a potential target for temporary relocation for me!

If you don't need the sea, I suggest some cheap german city like Leipzig or Dresden. Another not so common idea is Bulgaria: cheap, very low taxes (flat 10%) and a lot of english speakers (expecially in Sofia). I've been there several times and it's also a very nice place.

Dresden is amazing - one of my favorite cities in the world.

Re: The Y Combinator Experience – Remote Edition

#90

Post by pmiller2 »

devoutsalsa wrote: post #86
pmiller2 wrote: post #85

Earlier quoted context omitted.

I can live at my current spending level in the Bay Area for 3-ish years on $125k. In my small, Midwest hometown, I’m sure I could stretch that to 6-8 years. The disadvantage, of course, would be living in a podunk town in the middle of nowhere.

Is that living in a shoebox? Eating comfortably? Raising a family? Having any fun?

That’s living in a 2BR apartment by myself, eating well, and having a bit of fun here and there.
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