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inDinero saw rejection many times before getting into Y Combinator... We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan com
by jlm382 16y ago
inDinero saw rejection many times before getting into Y Combinator...
We applied (and got rejected in the first round) from the U.C. Berkeley Business Plan competition first in spring of 2009, then again in the spring of 2010. We also got turned away from TechStars during Spring 2009. We also tried raising angel money in the summer of 2009 and couldn't get a single commitment.
It's not all fun and roses.
This kept us going for a while:
http://www.paulgraham.com/die.html http://www.paulgraham.com/die.html
- deleted 16y ago[deleted]
- DevX101 16y agoDid the product improve between TechStars and YC? Or did the YC team see something in you that the others didn't 'get'?
- jlm382 16y agowe learned nothing from our rejections (other than the willpower to withstand rejection), and continued building our product. I think we didn't get into TechStars because we were still wrapping up school. YC probably would have rejected us too.
- jonathanjaeger 16y agoIt was also because you hadn't graduated school yet, if I remember correctly from your interviews (e.g. This Week in Startups).
- deleted 16y ago[deleted]
- skbohra123 16y agoWhy didn't you apply to YC in first place ? Or any specific reason to apply to others first ?
- benreyes 16y agoI find this interesting, because is it wise to apply to YC with an idea and face rejection or keep building and working on your product until you meet the common sets of attributes that YC looks for in founders. Thus making a better first impression and progressing the product further. My opinion is that YC is a catalyst to further your startup and not the end all to make things happen.