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> I always find it amazing that applicants only have 10 minutes to present themselves. Consider this as a strong sign that YC is looks for companies that are a
by q-big 4y ago
> I always find it amazing that applicants only have 10 minutes to present themselves.
Consider this as a strong sign that YC is looks for companies that are an "easy sell" to VCs (the same holds for products that such companies produce). You can easily guess why they want that ...
- I_am_tiberius 4y agoThey always say that what matters most to them is the founders. How can they learn to know people in 10 minutes?
- q-big 4y ago> They always say that what matters most to them is the founders. How can they learn to know people in 10 minutes? This is not (necessarily) a contradiction: they are interested in founders who can easily be marketed. ;-)
- emptyfile 4y agoThese kind of comments irritate me so much. They would invest in mass produced bottled Himalayan air if they thought it would turn a quick buck.
- DethNinja 4y agoI think VC funds operate on the basis of greater fool theory. You don’t need a product or a capable team, you just need a shiny yuppie team, an easily marketable idea and then keep selling it to greater fools that will invest in Series B / C. I do wonder how much money has been lost by Series B / C investors in this fundamentally broken market but then again mostly likely Series B / C investors are too rich and well connected to be effected by downturns, so it balances out itself.
- rexreed 4y agoWhat they tell you and what the reality truly is, are very different things. Venture capital is a hustle, and once you learn how to dance the hustle you can find a partner.