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> Pumping money into worthless products with no return This part shows your fundamental misunderstanding of what startups are all about. 9 failures for 1 succ
by brador 11y ago
> Pumping money into worthless products with no return
This part shows your fundamental misunderstanding of what startups are all about.
9 failures for 1 success is expected. That means 9 worthless products, for 1 hit. But you don't know they're worthless until they've developed enough to be tested by the market. And that sometimes takes money. And that is what YC is about.
The truth is you're applying to YC just to be in YC, part of the club. You need to have a great idea and show you can execute and make a return for investors who believed in you and took your bet. Do that and the door is wide open, just like it has been the last 8 times you applied.
There is no shame in getting up and trying again, so good luck to you in the next round.
- websitescenes 11y agoGeez man, you almost make me want to apply again.. "The truth is you're applying to YC just to be in YC, part of the club." This line resonates with me. I come from a place where there are not many people to relate to on a technical level and sometimes it's lonely here. I love this city and will not move away because I value the friendships and family that I have here. It seems kind of silly now, but I wanted to bring some of that SF money here. I wanted to make a place for me to belong here. I wanted to bring some of that overflowing wealth into my border city. I'm still trying, just in a different way now. "You need to have a great idea and show you can execute and make a return for investors who believed in you and took your bet." This is probably where I have failed. I have built a few "prototypes" on github and deployed a few instances for local companies but besides a modest return, I haven't been able to convince anyone to "bet" on me. At this point, I've pretty much given up. I work full time to support my family and find little time to dream these dreams anymore.