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> The biggest one was that Ycombinator is all about raising money, and if you are not in the mindset of 'raise as much as you can, as often as you can,' you won
by hashkb 6y ago
> The biggest one was that Ycombinator is all about raising money, and if you are not in the mindset of 'raise as much as you can, as often as you can,' you won't fit in.
This must have changed. I went through YCF #2 and we were essentially laughed at each time we mentioned staying local or becoming profitable. Literally the only thing our advisor talked about was raising.
- yaseer 6y agoI'm sorry you had that experience - I would hope it's an outlier. We're on the same W21 cohort as OP. I remember when we started, they hammered home frugality as a key trait of successful founders. One founder talk stood out - "If they have office snacks before product market fit, you know they're going to fail". W21 wanted to put that on a T-shirt. This advice seems to be repeated all over YC's manuals, partner office hours and culture generally.
- hashkb 6y agoIt was not an outlier. If they're snack shaming now... If you have snarky shirts before you have a product...