4 ms·
My partner and I got a YC interview last round (no luck this time, unfortunately) and one thing I'd like to caution is that if you have a "chicken and egg" situ
by nhashem 15y ago
My partner and I got a YC interview last round (no luck this time, unfortunately) and one thing I'd like to caution is that if you have a "chicken and egg" situation ("Why would X users use your site until you have Y users and vice versa?) or an "established competitor" situation ("What's to stop Google from just adding a link to X product?"), you should have as close to bullet-proof responses to those questions as possible.
Our interview was pretty much spent trying to respond to those questions. This is why having an actual product with any sort of customers is so valuable, because that's live evidence that what you're doing is working. Unfortunately my partner and I had little more than an idea and half of a web application, which we didn't even get to demo because we were so caught up trying to defend our position. I literally never even turned my laptop around to PG and company, which is probably my biggest regret about the whole thing, because I had spent every free moment of the past several months working on it and maybe that could have said more about our ability to execute than a debate on whether X market for Y users even existed.
Then again, probably not.
- kevingao1 15y agonhashem, great point. i think its important to get users as fast as possible, and what investors really care about is what you LEARNED from those users (what they like, don't like, data that supports your hypotheses). better a poor product + hundreds of early users than a polished product that hasn't been launched, imo
- pg 15y agoIMO too. Though a product that has hundreds of genuine (= highly active) users can't be that poor.
- zbowling 15y agoWe were first to interview today. Only PG seen our app for a second. Reget that too.
- zbowling 15y agoWe were first to interview today. Only PG seen our app for a second. Regret that too.