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I went through YC S20 and it's been amazing. It opened up a whole new world to me that I previously didn't have access to. I come from a poor, immigrant family
by nkotov 6y ago
I went through YC S20 and it's been amazing. It opened up a whole new world to me that I previously didn't have access to. I come from a poor, immigrant family with no fancy college background. I'm located in a non-tech hub city. This was my first startup and getting to partake in YC essentially put me and my company on the map. The internal network itself is also fantastic and the value of having group partners (mine were founders of several companies that you all used) who have experience.
I think a lot of people miss the fact that YC at the end of the day doesn't care about the actual idea / product but if there is a way it could be used by millions and if there is a path from this widget to something bigger. It's just the MVP and seems to be pretty successful considering it has paying users already. At the end of the day, YC funds people, not companies. If they think you have some potential and can prove it with a little bit of traction or some background or having the right team. There were numerous companies in our batch that pivoted once they started the batch.
- Comevius 6y agoUnpopular opinion: Bootstrapping a profitable software company has never been easier, you don't usually need venture capital for it. It can even hurt you, because VCs tend to fund growth at all cost, so you can end up acquiring users at a loss without a chance for a sustainable business model.