Live data from Hacker News

I was just denied YC application and it's fine

finance.tpoint.fi

1–6 of 6 posts

Re: I was just denied YC application and it's fine

#2
I was doing this software last 15 years and I can continue for 15 years more. My market size is every small company in the world, my solution is general, universal and free to start. Yet I don't fit. Well, guess I have to do something differently =)

https://finance.tpoint.fi

Re: I was just denied YC application and it's fine

#3

I was doing this software last 15 years and I can continue for 15 years more. My market size is every small company in the world, my solution is general, universal and free to start. Yet I don't fit. Well, guess I have to do something differently =) https://finance.tpoint.fi

How do you mitigate potential customer's risk when switching from their existing methods to a new company without a clear cash flow model?

To me, $0 is only attractive if their is minimal investment of my time and resources. If I need to switch business processes, that is never the case and if I have to switch business processes, then stability of the service provider is critical.

"Every small company in the world" is not a market because there are too many unique needs...or rather it is end point not a starting point for building a company. The starting point is getting customers one by one.

Good luck.

Re: I was just denied YC application and it's fine

#4
post #3

I was doing this software last 15 years and I can continue for 15 years more. My market size is every small company in the world, my solution is general, universal and free to start. Yet I don't fit. Well, guess I have to do something differently =) https://finance.tpoint.fi

How do you mitigate potential customer's risk when switching from their existing methods to a new company without a clear cash flow model? To me, $0 is only attractive if their is minimal investment of my time and resources. If I need to switch business processes, that is never the case and if I have to switch business processes, then stability of the service provider is critical. "Every small company in the world" i…

Thank you for question. If risk is high, why not just take Tier 3 offer? It's not free, but server is yours. $0 is only for small companies.

Re: I was just denied YC application and it's fine

#5
post #3

Earlier quoted context omitted.

How do you mitigate potential customer's risk when switching from their existing methods to a new company without a clear cash flow model? To me, $0 is only attractive if their is minimal investment of my time and resources. If I need to switch business processes, that is never the case and if I have to switch business processes, then stability of the service provider is critical. "Every small company in the world" i…

Thank you for question. If risk is high, why not just take Tier 3 offer? It's not free, but server is yours. $0 is only for small companies.

How is that better than an accountant?

I'm not trying to give you a hard time. I guess what I am getting at is "Why do you think there is an underserved market?"

Re: I was just denied YC application and it's fine

#6
post #5

Earlier quoted context omitted.

Thank you for question. If risk is high, why not just take Tier 3 offer? It's not free, but server is yours. $0 is only for small companies.

How is that better than an accountant? I'm not trying to give you a hard time. I guess what I am getting at is "Why do you think there is an underserved market?"

Accountant as a person? Nohow, I just hope that this is good for accountant and for entrepreneur simultaneously.

Any market is served somehow. I believe it is worth finding out if this offer is better than what is being served.