4 ms·

Can you elaborate on what makes a company "not very good"? Would you ever consider releasing anonymized data on companies that apply and are accepted along wit

Can you elaborate on what makes a company "not very good"? Would you ever consider releasing anonymized data on companies that apply and are accepted along with those who apply but aren't accepted into a batch? That'd give future applicants much more insight into the process.

beachstartup 11y ago
EDIT: i should emphasize this is only my experience as a startup hiring manager. maybe YC attracts nothing but geniuses, i dunno. i'm just a guy on the internet. since yc is obviously not going to talk shit on their own applicants, i'm going to go out on a limb here and guess that it's just like every other job application process when six figures (or more) of money is on the line. big paychecks attract plenty of, shall we say, 'aspirational' applicants. 1. apps where spelling and grammar is clearly not a priority (sure, i'll give you 5 figures a month to spell shit wrong) 2. the wrong kind of company will apply, i.e. a restaurant 3. bullshit artists gonna bullshit, even when they stink 4. people simply not smart enough to do the job. just plain dumb is a real thing, folks. 5. people with too little real world experience 6. really stupid ideas (who's to judge? well, the people with the money get to judge, that's sort of how applications work) the fact that you can use the term 'anonymized data' in a sentence that actually makes sense is going to put you in the top 10% automatically - yes, the bar is that low when you're dealing with the general public. the trick is getting into the top 1% though. it's a power law distribution of difficulty. every job advertisement attracts applications like these, and yc is basically just a really, really fancy and structured super-duper college/job application process combined, but for crazed entrepreneurs (like me). you are going to get a lot, maybe even mostly people on the left hand side of the normal distribution of iq, talent, and work ethic/experience. the easy thing is the dipshits and fakers are easy to spot-and-drop almost immediately. i can basically glance at a resume and disqualify it in 10-15 seconds if it's not good enough. you just can't bullshit someone far smarter, more experienced, and better at bullshitting than you. CAVEAT: there are extremely smart and experienced bullshitters out there though -- that's the real danger area. that's what you're really worried about. basically the only thing you can count on is that they want your money!!
- newjersey 11y ago
  Oh wow. I wish they said that the bar was so low. I would like to apply as well if that's the case. Edit: I still think the idea of Dropbox is pretty stupid and I wouldn't have given Drew Houston a penny if I was an investor. But I never thought the average application would be so far worse if Dropbox got funded and succeeded.
  - argonaut 11y ago
    You're making the mistake of judging the idea too much and forgetting that Drew Houston went to MIT, and had worked as a tech lead at a company. That already puts him in the top 10% of applicants, regardless of his idea.
    - newjersey 11y ago
      I guess so. I, on the other hand went to a state school and my work experience is working on fairly straightforward line of business applications. I am not so much criticizing Dropbox as much as I'm making fun of my own lack of vision.
      - beachstartup 11y ago
        when in doubt, ask for what you want. that's what all the unqualified people are doing, so you might as well do it too. the most uncommon and valuable skill in the world is for a smart person to willingly put themselves in a position where they could easily fail, or be ridiculed. dumb people do this all the time. this is an advantage to being dumb. you have no ego to lose. nor much of anything else. that is the cross-section of intelligence and success. just look in the mirror for an example. and for what it's worth, if you think dropbox is a tepid idea, just consider slack. enterprise irc with history and attachments. worth billions. there's more to it than just a cool idea. the example i always use is: i've got a great idea. let's build a time machine. it'll be great!
  - beachstartup 11y ago
    well, hold on, i don't speak for yc, i was just going off of my own hiring experiences and perhaps extrapolating a bit creatively. but i can read a lot into sama's "not very good" understatement. for a yc (or vc) partner to say that in an actual post is pretty telling. and of course, my statement about grammar is grammatically wrong. not much changes on forum banter through the decades, does it?
deleted 11y ago
[deleted]

beachstartup 11y ago

EDIT: i should emphasize this is only my experience as a startup hiring manager. maybe YC attracts nothing but geniuses, i dunno. i'm just a guy on the internet. since yc is obviously not going to talk shit on their own applicants, i'm going to go out on a limb here and guess that it's just like every other job application process when six figures (or more) of money is on the line. big paychecks attract plenty of, shall we say, 'aspirational' applicants. 1. apps where spelling and grammar is clearly not a priority (sure, i'll give you 5 figures a month to spell shit wrong) 2. the wrong kind of company will apply, i.e. a restaurant 3. bullshit artists gonna bullshit, even when they stink 4. people simply not smart enough to do the job. just plain dumb is a real thing, folks. 5. people with too little real world experience 6. really stupid ideas (who's to judge? well, the people with the money get to judge, that's sort of how applications work) the fact that you can use the term 'anonymized data' in a sentence that actually makes sense is going to put you in the top 10% automatically - yes, the bar is that low when you're dealing with the general public. the trick is getting into the top 1% though. it's a power law distribution of difficulty. every job advertisement attracts applications like these, and yc is basically just a really, really fancy and structured super-duper college/job application process combined, but for crazed entrepreneurs (like me). you are going to get a lot, maybe even mostly people on the left hand side of the normal distribution of iq, talent, and work ethic/experience. the easy thing is the dipshits and fakers are easy to spot-and-drop almost immediately. i can basically glance at a resume and disqualify it in 10-15 seconds if it's not good enough. you just can't bullshit someone far smarter, more experienced, and better at bullshitting than you. CAVEAT: there are extremely smart and experienced bullshitters out there though -- that's the real danger area. that's what you're really worried about. basically the only thing you can count on is that they want your money!!

newjersey 11y ago
Oh wow. I wish they said that the bar was so low. I would like to apply as well if that's the case. Edit: I still think the idea of Dropbox is pretty stupid and I wouldn't have given Drew Houston a penny if I was an investor. But I never thought the average application would be so far worse if Dropbox got funded and succeeded.
- argonaut 11y ago
  You're making the mistake of judging the idea too much and forgetting that Drew Houston went to MIT, and had worked as a tech lead at a company. That already puts him in the top 10% of applicants, regardless of his idea.
  - newjersey 11y ago
    I guess so. I, on the other hand went to a state school and my work experience is working on fairly straightforward line of business applications. I am not so much criticizing Dropbox as much as I'm making fun of my own lack of vision.
    - beachstartup 11y ago
      when in doubt, ask for what you want. that's what all the unqualified people are doing, so you might as well do it too. the most uncommon and valuable skill in the world is for a smart person to willingly put themselves in a position where they could easily fail, or be ridiculed. dumb people do this all the time. this is an advantage to being dumb. you have no ego to lose. nor much of anything else. that is the cross-section of intelligence and success. just look in the mirror for an example. and for what it's worth, if you think dropbox is a tepid idea, just consider slack. enterprise irc with history and attachments. worth billions. there's more to it than just a cool idea. the example i always use is: i've got a great idea. let's build a time machine. it'll be great!
- beachstartup 11y ago
  well, hold on, i don't speak for yc, i was just going off of my own hiring experiences and perhaps extrapolating a bit creatively. but i can read a lot into sama's "not very good" understatement. for a yc (or vc) partner to say that in an actual post is pretty telling. and of course, my statement about grammar is grammatically wrong. not much changes on forum banter through the decades, does it?

deleted 11y ago

[deleted]