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New: Apply to Y Combinator without an Idea

• jacoblyles 15y ago
  ----- Free startup idea ------ Title: A new kind of advertising company Synopsis: Startup pays Stanford students to wear t-shirts and sells the ad space to companies that pays the startup to hand out its t-shirts. Students must submit evidence of themselves wearing t-shirt to stay on distribution list. There are obvious ways to grow (expand to other schools, target advertising by age or gender, etc.) The basic value prop is to create new ad space and sell it. Students get free t-shirts. Advertisers get brand awareness. You get money. All I ask is that you take me out to lunch once you get off the ground! Most of my startup ideas tend to be cheeky like this.
  • vyrotek 15y ago
    I've seen a few companies try to pull this off and personally knew someone who also attempted it and failed. Besides the chicken and egg problem they had a hard time proving to businesses that people were actually wearing the shirts.
    • seeingfurther 15y ago
      The startup could use a URL shortener and track individual t-shirt results. Like adsense for t-shirts.
    • davemel37 15y ago
      I heard of a company that had QR codes on the t-shirts and paid per scan. (also, if its direct response advertising you can use unique phone numbers, unique web addresses, and other typical tracking methods.) There is an angle here if you understand the local printer business. The company I heard about was going to local jersey printing companies and sponsoring/subsidizing uniform and jersey printing for local high school sports teams and was working with brands like RightGuard. By tapping into networks of printers, they could bring major advertisers on board with real scale.
• deleted 15y ago
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• akurilin 15y ago
  I'm wondering if the founders' share of equity is different compared to if the YCombinator partners were not only very impressed by the team, but by their idea as well. In other words, will having someone else give you ideas "cost you"? I think one of the biggest challenges will be founder motivation. I have no supporting data, but my guess is that you'd be willing to work a lot harder for an idea that you created based on some issue you were facing in your life. I think a challenge for YC will be to prevent the founders from feeling like they're some new sort of contractors, and feel less involved.
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• kalvin 15y ago
  This is a great experiment given how many YC teams change their idea midway. For teams who have many ideas (but have not implemented any), would you advise them to a) pick one and apply through the normal process (thus demonstrating they're capable of coming up with good ideas, and perhaps prototyping one), or b) go through this new no-idea process instead (thus making it clear they are flexible in terms of what idea they pursue)?
• nbroyal 15y ago
  This is definitely a good idea. I think a lot of talented groups struggle with finding an idea because the two easiest means of doing so -- solving a personal pain point or uncovering an opportunity in your current domain/job -- are bearing no fruit. After those avenues are exhausted they may not be sure of what path to take to find an idea. As a result, these otherwise talented folks are meandering around until they stumble upon something, which can take quite a bit of time. My co-founder and I were in a similar boat until we found a process that worked for us to uproot unmet needs, but, if we hadn't, we'd definitely be exploring this track.
• amirmc 15y ago
  Fascinating, at least from an outsider's perspective (you mention you've kinda been doing this already). This effectively opens the floodgates but it might also reduce the number of poorly thought-out ideas since teams now have a different access point. Fits well with the 'replace university' comments in the PyCon talk. edit: Makes me wonder how about the proportion of people who apply with demos (and how advantageous that is -- or is not).
  • jedc 15y ago
    I think it could be really positive. Just the fact that this option exists will re-orient everyone's YC applications toward thinking about making sure they've got the best team. I would presume that there would be a very high bar to be accepted as a group of founders without an idea. (I would also expect that with a high-potential team the problem would be choosing from a large number of potential ideas.)
• corin_ 15y ago
  Seeing "(e) None of the founders are programmers." on the form, I was wondering - and I fear this has probably been answered before but it's not an easy thing to look for - pg, would you mind saying how often, if ever, you have taken in founders who literally couldn't code their way out of a paper bag, and if so do you have anything you can share on success rates / examples?
  • arjunnarayan 15y ago
    I'd wager about zero, with a zero per cent rate of success.
    • mikedmiked 15y ago
      I have no source to back this up (I tried): Didn't the airbnb founder(s) have little/no coding experience?
      • abstractbill 15y ago
        No, one of the three airbnb founders has a CS degree from Harvard (http://www.airbnb.com/founding-team http://www.airbnb.com/founding-team).
    • corin_ 15y ago
      I'm not sure why you'd think that. If you take a few examples of Twitter, Facebook, Reddit, Dropbox... I don't think any of these needed coders to think of. Obviously having technical founders can have many benefits, including: a.) Can create technical product yourself, spend less on coders initially (e.g. Zuckerburg) b.) Some products may need complicated code even for a POC (whereas sites like Twitter, less so. Any mediocre dev could make a badly written Twitter clone) c.) Easier to think of technical ideas. For example I doubt a non-technical person would think of creating BitCoin. On a smaller level, could fail to think of feature-sized ideas within a company. I think that, if Twitter didn't exist and I decided to create it, lack of coding skill wouldn't be a problem, as long as I had funding for coders to replace the technical founder's early role. Don't get me wrong, I'm not claiming I could do what Twitter have done, but I don't think that the things I'd have done worse would be because of technical ability, the same as if I was hired as a lawyer my failings wouldn't be for tech/code reasons. Edit: As an example data point, the company I work for is a digital publishing company, creating and managing content websites. Founded by people from hardware distribution industry, and successful - yet I would argue that our core business type is similar to Reddit, in that success/failure comes more from business decisions than "wow, you coded a better website than other people!" (Reddit being better than Digg, for example, is much more than "Reddit is coded better".)
• signalsignal 15y ago
  This would have been clever on April 1, but I guess this is serious. ;)
  • brk 15y ago
    Of course it's serious, and it's not (IMO) massively different from VC's that have EIR's, essentially founders just looking for the right "idea" to come along.
• mikeklaas 15y ago
  Hrmph. Startups are a means, not an end.
• earbitscom 15y ago
  This is why YC is amazing and why anybody who says they ask for too much equity is an idiot. Most investors won't invest until you have traction and prove out a bunch of risk. YC used to invest when all you had was an idea, and now you don't even need that. Bad ass.
  • feralmoan 15y ago
    I dunno, it feels like there's enough noise and low-value startups in the ecosystem already I can't help think this is a little predatory and simply further dilutes the perception of value to investors outside the YC fold.
    • earbitscom 15y ago
      That's actually why this is great. There are low-value startups out there because naive people start companies that aren't good ideas. Meanwhile, great founders realize their ideas aren't that good and don't build companies. YC is going to find those people, help them curate their ideas, and get them on their way to building meaningful companies. It's as far from predatory as you can get. It's giving great people the tools, resources and support they need to do big things.
• michael_nielsen 15y ago
  Seems similar to Alan Kay's often repeated observation that what made ARPA and PARC so innovative in the 1960s and 1970s was that they "funded people, not projects": http://www.vpri.org/pdf/m2004001_power.pdf http://www.vpri.org/pdf/m2004001_power.pdf This is very, very rare.
  • _delirium 15y ago
    That's a big complaint in modern CS research funding as well; traditional NSF and DARPA funding came in bigger chunks, with longer timeframes and less strong micromanagement of projects it was to be used for (there even used to be completely non-specific "center of excellence" type block grants, which gave a huge pile of money for a group of researchers to use on good research in a given topic of interest to the funding body). Now it typically comes in small chunks with very narrow parameters that have to be pre-approved and checked up on on a yearly basis, which not everyone thinks has improved the quality of CS research.
  • b_emery 15y ago
    Thanks for the link. Here's the full quote (see page 4): "Thus the "people not projects" principle was the other cornerstone of ARPA/PARC’s success. Because of the normal distribution of talents and drive in the world, a depressingly large percentage of organizational processes have been designed to deal with people of moderate ability, motivation, and trust. We can easily see this in most walks of life today, but also astoundingly in corporate, university, and government research. ARPA/PARC had two main thresholds: self-motivation and ability. They cultivated people who "had to do, paid or not" and "whose doings were likely to be highly interesting and important". Thus conventional oversight was not only not needed, but was not really possible. "Peer review" wasn't easily done even with actual peers. The situation was "out of control", yet extremely productive and not at all anarchic." Sounds remarkably like YC.
  • dustineichler 15y ago
    You're definitely right to quote this, but I think it was the exception to the rule.
• axiom 15y ago
  I would think that the type of person who would succeed in the startup world is one who would come up with an ad-hoc idea in order to do a startup, rather than the type of person who wouldn't do a startup because they couldn't think of an idea. Anyway, it's an interesting experiment.
  • brk 15y ago
    I'll give you an alternate viewpoint... I've been involved in a lot of companies, I can code, do (simple) multi-layer PCB layout, server-admin, tons of real-world business experience, can go in cold to a group of hundreds of people and present almost any topic and manage positive or negative audience feedback under pressure. I have an idea (submitted in the past, denied, still working on it though)... But, YC might frankly have a BETTER idea for me. Or together we might be able to identify an exploitable market. I see this as kind of YC's version of an EIR, and frankly I think it's cool and will likely produce several successful projects.
• codex 15y ago
  This works out well for all parties. There are a lot of people out there who are in love with the idea of working on a startup more than they have passion to make their particular vision a reality. And YC realizes that they're basically playing a numbers game, and so they need to get more meat for the grist--both to boost profits and for the network effects of the YC brand/experience. At the dirt cheap prices they pay for equity, it's a no brainier.
  • pron 15y ago
    Ooh, that's harsh. But I don't think that's the case at all, as that would be playing the short con. Too much of that and YC's brand will erode. The network-effect can carry companies pretty far but not far enough - they need to find companies with true intrinsic potential, so I don't think they're trying to take more risk at this point.
• trustfundbaby 15y ago
  I think this is awful .... I'm sorry, you'll have to excuse me, I'm a bit of a romantic when it comes to startups and innovation. Sure, people who come up with an idea to do a start up usually change it midstream, but they actually come up with one and set out to achieve it. If you can't even think of something to work on, then I don't think people should be falling over themselves to give you money to just come up with something just because you're 'smart' ... it just seems to commoditize and cheapen the process in my opinion. Plus if it doesn't work out, now they have the easy out ... "It wasn't even my idea". Yes, I know the founder of Yelp got handed $1 million to come up with something and they got Yelp ... Yes, I know I haven't done this day-in day-out for years like you guys have ... but it still upsets me. maybe I just need to give it 5 minutes. I'll sit down now.
  • corin_ 15y ago
    For me the important thing is caring about what you're doing, not that it was your idea. Certainly that's my experience working in a startup-esque non-startup. I know YC wouldn't ever say "right, here's your new business plan", and I suspect the aim here is to be able to find ideas that these idealess-founders will be passionate about.
    • beatle 15y ago
      Looks more (not completely) like they're looking for a CEO and not a founder.
  • wtvanhest 15y ago
    My gut feeling is strong and very similar to yours. But, I have learned that when something bothers me this much it usually it means I'm not looking at it correctly. I don't know what happens when you take smart people who are confident they can solve problems and give them problems. Maybe they can actually solve them, maybe they can't, I have no idea, but I look forward to watching it and seeing what happens.
  • dgallagher 15y ago
    Think of how many people YC has seen flow through. Successes, failures, one's they can't predict yet. There are probably certain patterns and traits in the good ones. They've also seen what types of idea's work best with certain types of people. YC is directly integrated into the heartbeat of Silicon Valley, gaining more insight into where the puck is going to be, far better than any outsider. If they can match traits of a group/person to an idea only they have the privilege to imagine, you might have a winning combination. The fact that people are complaining about this likely means it's a good idea, or should at least be tested. Occasionally throwing a monkey wrench into the machine is always good practice. Colleges do this already by accepting smart students who don't know what to major in yet. Who cares if it takes them some time to figure it out? They're smart! They'll get it!
• shingen 15y ago
  Great call. The people you're funding are worth a lot more than the money they're being given. Ideas being a dime a dozen, you're obviously funding the people more than anything else.
• ArcticCelt 15y ago
  If I remember correctly reddit founders originally applied with some mobile app idea and even if their idea was rejected they got in anyway. I wonder if there is many more cases like this.
  • arjunnarayan 15y ago
    Did you even read the article? The Reddit anecdote is _in_ the third paragraph.
    • mdg 15y ago
      i wonder if YC would ever consider funding startups without a clear idea
• cynusx 15y ago
  Not being able to come up with an idea seems to be contradictory to the prior observation that founders needed to be 'endlessly resourceful'? Recognizing pain points and opportunities seem a vital entrepreneurial skill to me, but then again there's no harm in applying the scientific process to verify assumptions.
  • why-el 15y ago
    That if you equate resourceful with having ideas.
    • jarek 15y ago
      He said being able to come up with an idea, not having ideas.
  • gwillis13 15y ago
    "Endlessly resourceful" is a broad statement. Groups that are resourceful enough to take an idea/problem (self-sufficient idea or given too them) and expound upon it, is no different than creating a start up, to fill a void or disrupt an industry.
• andrewhillman 15y ago
  This is what I call cranking up the rates. Here comes the bottleneck. Great to see YC iterate and scale like a software startup should. The haters will say this is irresponsible but I think it's simply brilliant.
• dm8 15y ago
  Out of curiosity, how many groups (without an idea) are you going to fund?
• Toddward 15y ago
  We've heard/read countless stories of YC companies pivoting, but I can't find any hard data on it. I'd be curious to know what the pivot rate is for YC portfolio companies during their funding cycles; given this change, it would seem that the rate is high-ish, but I'd hate to presume anything. Just curious.
• aidenn0 15y ago
  My intuition would be that this is a bad idea. It seems that requiring teams to bring an idea to the table isn't valuable because of the idea, but rather because it filters out those too lazy to come up with an idea.
• switz 15y ago
  What if one has plenty of ideas, but they're not sure which one to pursue? Would this be the proper channel to apply to?
  • gwillis13 15y ago
    Actually no. The original application has a place for you to talk about any other ideas you may have. So pick one you feel slightly stronger about than the others, and then mention the others in the application. The idea pg is implementing is for people with "zero" idea of what they want to do.
  • pg 15y ago
    No; in that case just apply with your best idea and list the others in the question about other ideas at the end.
• chollida1 15y ago
  So what will be the plan for these people? If they've known each other for, say 10 years, and still don't have a startup idea they want, it seems like it will take more than 3 months, I think that's the Y combinator length, to get an idea that they are truly passionate about. Note, I'm sure that smart people can come up with many ideas in 3 months, it's the becoming passionate about it part that I have a hard time seeing. I'm guessing that people become truly passionate about say 5 -10 things in their lives, it seems odd to suspect that they'll come across the idea in such a short time and then be able to act on it in time to take advantage of Y combinator. What am I missing?
• grandalf 15y ago
  Show me someone who is qualified to be a founder but happily shrugs about his/her utter lack of ideas... and I'll show you someone who should be in a corporate sales job making $600K per year, not someone who has seen a glimpse of the future and is driven to make his/her vision a reality. Hmm, maybe selling companies to investors is a form of corporate sales after all. Most successful entrepreneurs have ideas that seem bad for various reasons. YC's focus on critiquing founders' ideas (PG's sneers about mobile/social/local) suggest that YC is very confident that it knows which ideas will work and which won't. In terms of predicting which companies will be successful in 10 years, nobody would ever have sufficient hubris to claim such foresight. But if the goal is to sell a company to VCs in 6 months, it's not hard to have a pretty good idea of the market dynamics. Personally I'd rather see YC post "drafts" of business plans and let would-be teams start their own incarnations of those businesses and apply to YC with them. At least then it feels more like an authentic entrepreneurial spark than a search for pedigrees the VCs will buy into a few months down the line.
  • dreamdu5t 15y ago
    This. A thousand times this.
  • deleted 15y ago
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  • nickfromseattle 15y ago
    Disagreed. I'm on my 2nd startup (b2b SaaS) with 2 other cofounders. We're profitable but stagnating with $6,000 in revenue per month for each of the last 3 months. Although we are working on interesting problems, we aren't exactly passionate about what we are doing. We've been talking about a pivot for a while now but nothing compelling has come up. I have always wanted to go through YC and this sounds like an amazing opportunity - I love it. Now I have to run it by them....
    • larrys 15y ago
      How is a 3 person company profitable with 3 founders and only $6000/month revenue?
• Aloisius 15y ago
  I, for one, think this is misguided. While I agree that team is one of the most important important aspects to consider when funding a startup, I fail to see how a team without a vision or an idea will have the passion necessary to stick with it. Even though many companies pivot to ideas nothing like their original, the original shared vision by the team is what keeps it together and unified. I have no doubt that there are groups you could hand an idea to that would go at it with gusto, I just don't think most will.
  • kapilkale 15y ago
    When helping brainstorm ideas with founders, YC takes strong consideration as to what type of startup the team is best suited to build. We considered switching ideas in the middle of YC. One of the reasons the partners talked us out of it was that we weren't particularly well suited to tackle the new space we were thinking about.
  • mistermann 15y ago
    Wait, aren't ideas worthless?
  • pg 15y ago
    Like I said in the announcement, one of the reasons we're pretty sure this will work is that we're already doing it. I.e. a lot of the people who applied to YC in previous cycles were applying without a viable idea; they just didn't realize it at the time. Also (I'm starting to wonder if you read the announcement) we don't hand people ideas. We encourage them to solve problems they already knew about but had been overlooking.
    • Aloisius 15y ago
      I didn't mean to imply that you would force an idea upon them, but helping someone come up with an idea can easily turn into that if you're literally accepting people with no ideas (which you state you are and yes I read the announcement). In the end, the person is going to have to become passionate about the idea. That's hard. When you're talking about a group that comes in together and wants to start a company together, it is much harder. Honestly, if someone comes in just wanting to start a company without an idea, it sounds to me like they are more in love with the idea of being a founder than solving a problem close to their heart. I don't think that I would be interested in people like that.
• marcamillion 15y ago
  The form doesn't work for me. When you go to the 'no-idea' landing page - http://news.ycombinator.com/apply-noidea http://news.ycombinator.com/apply-noidea - you are then sent to the regular application form - http://news.ycombinator.com/s2012form http://news.ycombinator.com/s2012form Is it broken or am I missing something?
  • deleted 15y ago
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  • yaliceme 15y ago
    If you have previously edited the regular form using this username, the link will direct you to the regular form. To see the "no idea" form, logout of your regular username, follow the link, and create a temporary username/password. FYI, the "no idea" form is exactly the same as the regular form, except it is missing 18 questions that are idea-specific.
• deleted 15y ago
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• gwillis13 15y ago
  I'm conflicted by this slightly. On one hand I see it as a great idea for great minds to come together, and on the other hand like it was mentioned, this seems to create a lot of additional "noise". Meaning more applications that require reviewing over others with solid ideas. What are exactly the merits to determine "good" untested founders? My other question is, which has been eating at me slightly is the trend of the startups I have seen come from Y Combinator being "extremely" similar to each other. Of course there is going to be overlap, but even the backgrounds of founders are largely similar creating this trend of "hive" mind ideologies for startups. Is this intentional? Overall, I'm curious to see how it will turn out either way.
• samstave 15y ago
  What if I am a single founder with an idea, would I be paired up with those without ideas to make a team?
  • dsr_ 15y ago
    Why don't you post here and see if anyone is in that boat already? edit: not here, here. Submit to HN. Write a blog post.
• dwynings 15y ago
  Is it just me that can't view the normal YC app after viewing the "no idea" app?
• sidww2 15y ago
  This could work. To make an analogy, PhD students usually don't have a project to work on when they start and if they do, that usually changes. Yet many of them become excellent researchers and leaders of their field in the future.
  • dmazin 15y ago
    Yeah, for example I was looking at NSF funding for grad school research and while your application is based on a research proposal, your research doesn't actually have to be what you proposed.
    • amirmc 15y ago
      Both true but there are limits. Grad students are still defined by what they've done previously so while there is a lot of choice, it's still within a particular field (i.e. limited to a subset of the whole 'PhD-space'). That's probably stating the obvious (but sometimes it's worth doing that). Edit: The analogy does works but you might want to consider subjects as 'startup areas' e.g. consumer, enterprise, infrastructure, etc
• deleted 15y ago
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• michaelf 15y ago
  Is this the first step in YC pivoting away being a "seed investor", where the goal is to pick winners? Does PG see the future of YC as being an alternative to post-graduate education where the goal is instead to develop winners and have a stake in their success? If this model works out, I wonder if we'll eventually see traditional universities funding startups for top students out of their endowments. Very exciting experiment, if you ask me.
  • pron 15y ago
    Agree. I think this is exciting and fascinating, and I'd love to see how this works out. I say this as a person interested in the directions societies take. As someone with opinions, however, it makes me a little sad, because I think education should be as far removed as possible from business. This isn't to say that getting your hands dirty in actual markets doesn't have an educational value, but the most profound knowledge about the world is not gleaned by doing business. Still, interesting.
  • DilipJ 15y ago
    perhaps YC should think of becoming like a business school. Most business schools charge upwards of 100k for two years, and most students borrow that from the federal government. YC could instead "charge" half that amount, teach all the major business principles that one needs to know in a few months (which could basically be teaching pg's essays to a class audience) with the caveat that all or most of the tuition charged will be returned as seed investments to the students at the end
    • tatsuke95 15y ago
      >"YC could instead "charge" half that amount, teach all the major business principles that one needs to know in a few months" You really think you can teach all the business principles you "need to know" in a few months, huh? But I bet if I said lets take some business guys and teach them everything you need to know about coding in a few months, you'd probably think I was crazy. Seriously, the "what it takes to successfully run a business" is so underestimated around here it makes me shudder. But, I guess that's probably why most people here aren't actually running successful businesses.
• johnthedebs 15y ago
  The response to this seems mixed so I think it's worth saying: it's very important for them to at least try this. The current YC model may have been met with the same response when first proposed (I expect it wasn't even this good, I don't know the history) but all indication is that the model works very well. And if they don't look for ways to improve further on that model, someone else may come in and eat their lunch. YC is a business too, you know. Besides, if "execution is everything" then doesn't it make sense to not worry about the idea and focus entirely on the team? Even if it doesn't work out, I think there's no question that they should give it a shot.
• gfodor 15y ago
  interesting. reminds me of the old adage things should be as simple as possible, but not simpler. is this too simple? looking forward to seeing the results.
• paul 15y ago
  I'm surprised by how many negative reactions there are here. Some people seem almost offended, presumably because we're turning down people with ideas and funding some without. This really just reinforces the fact that we fund people, not ideas. The way it works in practice is that we work with the founders to find a good idea that will work for them (the idea needs to match the founder). The truth is that most people have good ideas in them, but just don't realize it. We aren't necessarily providing the idea so much as helping them to discover the idea that they already have :)
  • apu 15y ago
    Perhaps it's just me, but I feel like HN comments overall have gotten significantly more negative in the past few months. I can't recall reading the comments section for any recent startup launch or sale without at least half the commenters tearing it apart, often with almost no information to back it up.
  • craze3 15y ago
    The team that finds their perfect-fitting idea is the team that's going to prosper. Couldn't agree more. I think the reason that a portion of the public is acting negatively is because they're afraid that these changes will cause YC to become a playground for non-technical cofounders and nutjobs with ideas. I have confidence that the partners won't let this happen. They've already shown their willingness to revert back if it doesn't work out (limited trial run), so I really don't understand why people are pissed.
  • rdl 15y ago
    The main downside I see is that it will be harder to evaluate teams if they don't have an idea to talk about in the app and interview -- even the idea is totally throwaway. It doesn't seem like a bad idea, but I think the RFS already fills this need (as long as people know they can apply with an RFS but then do something different)
    • pg 15y ago
      We have an idea for that actually.
• juiceandjuice 15y ago
  What if we'd like to be part of a group? Hmmm, maybe I should just hack a yc group matcher website together real quick...
• geoffc 15y ago
  Wow! Powerful validation of the value of the team vs. the idea. Game changing move by YC.
• bhousel 15y ago
  How will the interviews work?
• motoford 15y ago
  I think a far more common problem is deciding which idea to pursue. It takes a lot of work, research, and magic to decide which one. Being able to work out the viability of 5 or 10 ideas with the resources of YC would be very compelling.
• psawaya 15y ago
  What would the in-person interview focus on, if not an idea?
• zafka 15y ago
  I think this could be a very good thing. I would like to come in as an "old guy" single founder, and hook up with a Bus-Dev guy(or gal). I have quite a few ideas, but most would need a few people to get off the ground. A few things that I am interested in are: Solar, bio-fuel, an Arduino competitor, small PMSM motors for the medical industry. I was thinking that if several "single" founders were selected, there could be a few arranged marriages. I am guessing that after seeing quite a few groups the Y Combinator crew would have a good feel for what might make a good group
  • jacquesm 15y ago
    > Solar, bio-fuel, an Arduino competitor, small PMSM motors for the medical industry. Getting funded for anything including hardware and/or medical stuff is quite hard.
• coryl 15y ago
  I think this is a neat experiment and should help to answer the question as to whether or not entrepreneurs are "made" or "born". Personally I think most things in life can be learned, entrepreneurship included.
• ChristianMarks 15y ago
  Well, this should shift the burden from evaluating the applicant's ideas and the applicants to evaluating the applicants.
• cinquemb 15y ago
  YC is seen as a leader because they do things like this, however i think other people are catching on to what it means to be get more success from start ups. I did apply to YC but i changed my mind and erased everything. Not because i wasn't confident in my idea, or anything on YC's part (i think at least) but just pure numbers: too many people know about it so even for the brilliant ideas (or people) that get through, even more would be left out. Sure i may be taking myself out of the race before its started, but i've applied to some other places around the country that seem to offer the same type of quality (more money,more impressive informatics resources), even one not to far from where i live (midwest) which is awesome (especially since its the first year for it) Always been a risk taker and i like my chances else where. Besides we should be spreading this throughout the world and not just hoarding it in SV =)
• waterlesscloud 15y ago
  So what happens here, exactly? Say John Doe is picked without an idea. What does John do during his YC time? What does YC get a piece of in return, exactly? On another aspect of it, the negative reaction of some, I think there may be a subconscious message that this makes it more about what someone has done than is doing or will do. That probably threatens some folks a bit, even if it doesn't practically make any actual difference to their chances.
  • dcosson 15y ago
    Idk, I imagine someone in YC without an idea would work just as hard if not harder than, say, someone who already has a product with some traction. I imagine John Doe would wake up every morning thinking "crap, I'm already behind everyone else! I better get moving" (and he'll have to get something together for demo day, which presumably is what YC will get a piece of). I'm sure this is impossible to generalize, but I wonder if in some circumstances it might even save people a few weeks of time. If a lot of teams change their idea during YC, presumably in some cases it takes them a while to decide (or to be convinced by the partners) to do so. Whereas if they go in not attached to any particular idea, it might be easier for pg & crew to talk them out of their bad ideas so that they reach a good idea more quickly.
• alabut 15y ago
  PG - the post only mentions groups, so are you open to solo founder types applying as well? They're probably more likely to be non-hackers that need a team, like designers.
  • ryanwhitney 15y ago
    Yep, second paragraph says: "We'll consider single founders too, but we prefer groups."
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• cfontes 15y ago
  I have an Idea, and Alpha going to Beta real state site that might work very well and a Co-founder... BUT... I live in Brazil, so no YC for me :(
• int3rnaut 15y ago
  I want to prelude my question with my own personal belief: I think Paul Graham and company are not only ethical, but good human beings. Is there ever a risk of unintentionally assigning one of the ideas of a lesser group to one of these "All-star" groups without an idea? Like in a brain-storming session, who gets the embers going? I know there's a statement about this on the application (if you're worried about copying not to apply) but it would be interesting to know.
  • pg 15y ago
    We're very careful about that. We'd never do it intentionally. There's some possibility we'd do it unintentionally, but I don't think we have so far.
• Mc_Big_G 15y ago
  I have the prefect co-founder with a visa issue, so I'll just ask it straight. Can someone with an h1b, who has already started the green card process, be a co-founder in a YC company?
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  • pbiggar 15y ago
    YC doesnt care about visa issues. You have a lot more than most people, visa-wise. Good founders are resourceful. You'll make the visa stuff work, because you'll have to. That said, it is a risk. If your cofounder quits, he may have to leave the country, and may not get back in on visa waiver since he has shown intent to emigrate. So go ahead and apply to YC. They wont even ask about visas. But talk to a lawyer now, so you can get started on making this work.
• deleted 15y ago
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• bootload 15y ago
  is the video requirement for application, cf http://ycombinator.com/video.html http://ycombinator.com/video.html effected by the posterous/twitter deal?
• ericfrenkiel 15y ago
  This is a great idea because great teams can find great markets and then build great products. Investors care about 3 things in order of importance. First, is market size. If you have a great team and a great product in a small market, you won't make much money. Conversely, you can have a bad team with an okay product in a large market, and still make a decent return. The market is assessed first because you can't change it. It is what it is. Second is team; the quality of the team is more important than the product in the earliest stages of a company. It's the second hardest thing to change. It's really hard to replace a cofounder. Third, and last, is product. It's really easy to change a product. The classical/somewhat cliched pivot. With this in mind, YC can attract stellar talent, point them at a big market and say "innovate and iterate!" As PG mentioned, this has already happened to some extent. I think this is a clear pathway for exceptional engineers to come together.
• dgunn 15y ago
  Have any groups ever tried this before now and succeeded? As in, they filled out the application, indicated that they had no idea yet, and got accepted?
• doug1001 15y ago
  i've never applied to YC because of course the bar was always too high; but now i'm comfortable i satisfy their admission criterion.
• nemik 15y ago
  Given how many companies are being acquired now just for the team to be added to large-company engineering teams, is this really surprising? How many co's have Google, Twitter and Facebook acquired just to toss the idea aside and integrate the dev team? This way Y Combinator can get a few really good people (who work well together!) for fairly cheap and flip them to a larger company. It's quite a decent short-term strategy and the cost of acquisition may even be less for Big Co™ than the recruiters they might normally try going through.
• Alex3917 15y ago
  Did anything ever come of this when YC tried it back in 2007?
• Mc_Big_G 15y ago
  I'm also surprised at the negativity. If you have an idea in isolation, that you haven't tried to validate yet, what evidence so you have that it's worthwhile? At the very least, YC has heard a lot of ideas and, presumably, are better at spotting the ones without potential. So, if you have a good enough team, they can coax ideas out of you and then steer you toward the best one. You probably have a good idea and just don't know it, possibly because of the "schlep" blinder that pg has talked about. I get the impression people are angry that they can't be mediocre and get in on the merit of their idea.
  • deleted 15y ago
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• dbul 15y ago
  It would be great if YC did more of these kinds of experiments that could be to their benefit. For example, there are people who would pay to be part of YC and also fall in the gray area where it seems they aren't bad investments but it isn't clear that they are likely good investments. A handful of those people may be invited to participate in YC with the exception that their investment is conditional: a don rag would be held half-way through, and if they weren't doing considerably well, they would be cut (otherwise, they would earn the investment). An argument against that example may be that the applicant ought to prove worthiness beforehand, but that's just the point: maybe all the applicant needs is the right environment (YC) to dominate. "One might be tempted simply to take the best individuals and ignore the other. However, that would lead to a quick loss of diversity. Those individuals currently not doing as well as the others may have properties that will prove superior in the long run." Understanding Intelligence (ch. 8.2 / pg. 239; Pfeifer & Scheier)
• nhashem 15y ago
  My understanding of YC is that applying with more than an idea was pretty much necessary to actually validate the idea. Having an actual live product, with some semblance of customers and/or revenue, made for a much stronger application and a much stronger pitch in general. I imagined that a lot of startups that were accepted into YC effectively got feedback along the lines of, "this is a cute app with some impressive technology and it seems like some people like it, so why don't you pivot to this concept that has a much stronger change of scaling," or something along those lines. So if these applicants don't have an idea, then are they expected to not have any sort of work on a product? And if so, doesn't that make it a lot harder to evaluate their body of work and quality of their team?
• zhyder 15y ago
  "We'll consider single founders too, but we prefer groups" I'm surprised you're willing to consider single founders at all. No team, no idea/product... what's left? (Disclaimer: I've applied many times as a single founder and have gotten justifiably rejected.)
  • emmett 15y ago
    Imagine, for a thought experiment, that you were running YC and Mark Zuckerberg came and said "I am done with Facebook. I want to do YC but I don't have an idea right now." You would feel pretty stupid turning him down right? It's a reasonable bet that whatever he did next would also be successful. At the very least you'd be scared to bet strongly against him. There are many people who, while not being so famous, have accomplishments and abilities of some kind which could inspire a similar feeling. That's who.
  • gwillis13 15y ago
    Did you apply with an idea / company with only you? Or did you apply as a founder who had a team who weren't co-founders? edit: grammar
• YuriNiyazov 15y ago
  Would you allow a team to defer until the winter cycle if they applied without an idea and were accepted?
• jasonwilk 15y ago
  As someone who has gone through YC, this makes perfect sense. My company, along with 15 others in our group, radically changed their idea to the point where it didn't matter what idea we came through the door with. We started out with a Facebook app for sports stuff and ended up as a successful video advertising business. Absolutely zero correlation. PG bet on us in the beginning, not because he loved our idea (it actually was a pretty bad idea), but he saw that my co-founder and I gelled and that we were determined to make whatever damn thing we touched into some form of success. The other thing to think about is that everyone, i mean everyone has some idea they have thought about which could be a business. If you're the 1% that have never thought of something that could use a change in this world, then the no-idea application probably doesn't apply to you. For the other 99, you can come in with a handful of things that bother you in the world which could be solved by software and YC will more than likely help you pick something they know has a pretty good shot if you are willing to put in the hours.
• rjurney 15y ago
  How long until you get where you're going: making seed funding a credit card application? A web form with supporting documents, a video, scan social networks, cut a check. Or better yet, a check card. Announcing the Y Combinator Amex...
• yaliceme 15y ago
  I think this is an interesting experiment, and definitely in line with the idea that YC funds people, not ideas. I do think it will create a lot more work for the partners during review and interviews, but presumably they have taken this into consideration. If I had to make a prediction, I'd guess that this will greatly increase the number of people who apply, given that the abbreviated option is "easier," having omitted many of the questions that require the most consideration/ research/ field experience. To a lesser extent, it will probably also increase the number of interviews granted, as there will be some impressive-sounding teams who might otherwise have embarrassed themselves somehow on the "harder" application questions. However, I anticipate that a much higher percentage of people will be cut at the interview stage than in previous years, assuming YC is selecting for the same quality. I imagine it’s hard to judge a team’s merit by the application alone, and the “no idea” application will make it harder still by presenting less “data” about these applicants. I’ve heard a YC alum describe the idea-related questions as an “intelligence test,” so even if the idea is not itself important, it does serve a role in filtering applicants. So the interview will become even more important than it already is. Overall, though, I think this approach will yield a bigger class than if teams were required to apply with an idea, and I believe that’s good for everyone. If this new approach yields even a few hits that might not otherwise have been considered, it will be a big win for YC. The applicants benefit from a bigger network, and although the “acceptance rate” will probably be much lower, I doubt it will be much harder for a given qualified team to be selected under this new approach. It may even become slightly easier, on average. TL;DR version - wider net --> bigger class despite a lower “acceptance rate” For reference, below are the specific questions that appear in the "regular" form, but are omitted from the "no idea" form. Everything else is exactly the same: - Company name - Company URL, if any - YC usernames of all founders, including you, who will live in the Bay Area June through August if we fund you. (Again, that's usernames, not given names.) - What is your company going to make? - If this application is a response to a YC RFS, which one? - Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you're making? - What's new about what you're making? What substitutes do people resort to because it doesn't exist yet (or they don't know about it)? - Who are your competitors, and who might become competitors? Who do you fear most? - What do you understand about your business that other companies in it just don't get? - How do or will you make money? How much could you make? (We realize you can't know precisely, but give your best estimate.) - If you've already started working on it, how long have you been working and how many lines of code (if applicable) have you written? - How far along are you? Do you have a beta yet? If not, when will you? Are you launched? If so, how many users do you have? Do you have revenue? If so, how much? If you're launched, what is your monthly growth rate (in users or revenue or both)? - If you have an online demo, what's the url? (Please don't password protect it; just use an obscure url.) - How will you get users? If your idea is the type that faces a chicken-and-egg problem in the sense that it won't be attractive to users till it has a lot of users (e.g. a marketplace, a dating site, an ad network), how will you overcome that? - If you're already incorporated, when were you? Who are the shareholders and what percent does each own? If you've had funding, how much, at what valuation(s)? - If you're not incorporated yet, please list the percent of the company you plan to give each founder, and anyone else you plan to give stock to. (This question is as much for you as us.) - Was any of your code written by someone who is not one of your founders? If so, how can you safely use it? (Open source is ok of course.) - If you had any other ideas you considered applying with, please list them. One may be something we've been waiting for. Often when we fund people it's to do something they list here and not in the main application.
• itsprofitbaron 15y ago
  I think this is a great idea that YC are allowing people to apply without an idea. Personally, if I applied to YC I would apply with an idea but remember most investors won't invest without seeing traction and if the company removes some of the risk etc. YC used to let you just apply with just an idea. The HackerSchool/HackerRecruiter guys were accepted with just an idea (although they built a prototype before their interview)[1] and now you don't even need that. Awesome. The reason that I think its awesome is because, there are a lot of startups that I have seen recently that are not actually viable or a good idea and this has created a lot of low-value startups (you know the ones I'm talking about) I personally believe that great people/founders will only start a company if they believe their idea is good and viable. The reason they haven't is because, they know their idea sucks - this is where YC comes in as they will help those great people/founders by providing the tools and resources to help them curate their ideas so they can build meaningful and valuable companies. Sure, YC focuses on people but great people often have great ideas, even if they don't know it yet and this is why this is awesome. [1] http://news.ycombinator.com/item?id=3667055 http://news.ycombinator.com/item?id=3667055
• wavephorm 15y ago
  The world is full of so many possibilities, and so many broken half-baked solutionss, that if you can't think up anything at all I question if you have the creativity and desire to really create a successful technology business.
• ghshephard 15y ago
  Interestingly enough, there is already a tradition in the valley of doing this with VCs. It's called the "EIR" program, standing for "Entrepreneur in Residence." Basically, the VC pays for people with a proven track record (Former COOs, CEOs, CTOs, Principal Engineers, etc..), a salary to evaluate startups and business ideas that come their way, and, on occasion, get involved with them - sometimes as managers, or contributors, but also quite often to reboot them under the auspices of the VC. In general, these EIRs of the "reboots" consider themselves closely akin to being "Founders" - though their equity stakes are usually somewhat less, but, at the same time, they usually have a guaranteed round of funding from the supporting VC. What YC is doing, (particularly with the guaranteed convertible) is extending this concept to people (presumably) somewhat earlier in their career.
• mbyrne 15y ago
  How is this not brilliant? Like Hollywood that created the studio system and theater chains, and Music Labels that created radio promotion and recorded music sales, Y Combinator has created the cookie cutter vertical for this century's hot new tech opportunity- the Internets. And God Bless them. They invented it, this model, it works and they are going to be billionaires cause they are creating the Value. If I could buy 7% of a the future (earnings and primary asset) of an elite college super achiever (with a proven skillset and a track record of cool hacks,) in exchange for 7 Grand, man oh man, that is a no-brainer. Like signing Marilyn Monroe to a studio contract or getting half the Beatles catalog for a ham sandwich, or whatever they were advanced by Northern Songs. And no, I'm not being snarky, because Marilyn Monroe without the movie studios would have been a waitress or whatever, and the Beatles without the music copyright machine would have been guys who worked day jobs who had a cool weekend band that was their real passion. Sign all the boys who can sing and dance--its Menudo Monkees Backstreet madness!! If your Johnny Bravos can fit the suit, I say sign them up! Everybody wins, except the wannabes who find a reason to complain instead of doing anything awesome because they are, in their hearts...and in their lives, afraid. Hooray for (New) Hollywood.
• rjurney 15y ago
  Announcing the Y Combinator Amex: http://datasyndrome.com/post/19274060089/y-combinator-amex http://datasyndrome.com/post/19274060089/y-combinator-amex
• distanlo 15y ago
  The converse of this is interesting to me as well. Now someone with an idea and not necessarily all the hacker chops could apply. The idea being that you pair up the product person with an idea with a technical team that applied (but had no idea).
• pnathan 15y ago
  Hi pg et al., I'm not at a point where YC is feasible for me (so I won't be applying), but I think this is a great idea which could lead to some very unforeseen ignition of sweet stuff. If it was feasible for me, I would apply.
• choros12 15y ago
  This really makes Y Combinator now look like a recruiting company for Big Corp.
• 6ren 15y ago
  It's a talent acquisition. Your idea is important too, but mainly as evidence that you can have good ideas. That's an important talent. http://ycombinator.com/apply.html http://ycombinator.com/apply.html
• nchuhoai 15y ago
  I think the bottom line is that pg et. al have proven that they can fish out the best from the best and trying out new things is certainly part of their success. From a personal side note, I wonder how that affects applications with ideas? I mean pg said, that its already what they are doing, but the two track application makes me wondering
• castlerobot 15y ago
  I think this is a great idea! This will only increase the amount of applications YC will get, which is great for the investors but more competition for the people applying. I expect that the quality of startups next round will be even higher than usual. I hope YC is fair in their judging. I'd hate for them to accept a non-idea applicant over a more capable team who applied with a mediocre idea, just for the sake of seeing if the non-idea experiment works out. They're pros though, so I'm sure that whatever format they come up with will be fair for everyone who applies.
• sn0wBuM 15y ago
  This is very exciting. If experience points to the hypothesis that this could work, it has to be worth at least trying. At the very least, YC will learn a lot. At best, YC will be thought leaders in creating a new way to approach and angel/seed investing. I don't see how anyone could think this is a bad idea to try for at least one YC season.
• chittis 15y ago
  The teams accepted would be under tremendous pressure to find an idea after being accepted. If they can resist the temptation to start working on an idea they are only moderately passionate about, just because the clock is ticking, this experiment should succeed. Folks at YC can help with this.
• mikeleeorg 15y ago
  The implications of this experiment will be very fascinating. If successful, I wonder how this will change the investment patterns of other investors.
• seagreen 15y ago
  Some of this has already been said by michaelf below, but you do realize that you're getting into the education market, right? I realize there have been elements of this even from the beginning of Y Combinator, but just because a change is gradual doesn't mean it's not important. That's not to say it's a bad move. Education is one big, slow target screaming "make money off me!" There's also a really big chance to help people at the same time, which is of course a nice overlap. But some of the dangers that make elementary schools suck, and high schools suck, and both American and foreign colleges suck will be waiting for you as well. Education has an impressive record as an institution-killer. So be careful. We like you guys, and it would hurt to see you go down when you started out so well.
• Tycho 15y ago
  Heck, why not just have a graudate scheme.
• alexro 15y ago
  This is definitely a change in the startup scene. If successful, other incubator will start copying it, making the whole experience better for founders. Good stuff.
• itmag 15y ago
  I have shit loads of ideas, but I'm not really passionate about any of them: http://ideashower.posterous.com http://ideashower.posterous.com I also have a few currently that I'm slightly more passionate which are not on the list. But still haven't found The One True Idea. I do know my general area of interest, though, which is e-learning, personal development, and skill acquisition. In hindsight, several of "my" ideas have been turned into workable startups (example off the top of my head: Verbling). I think I have two main challenges: 1) I'm too critical of my ideas. 2) I have a hard time getting started and evaluating my ideas. I would like to be able to create quick mock-ups of lots of ideas and test them quickly against the market. My strengths: 1) Lots of ideas, very creative 2) Technical skills (programmer) 3) Already have a team in place around the world and locally + lots of potential team mates who I trust 4) Already have execution/management experience on a project (Interesting Times Magazine) - sure, it's not software but I'm still VERY familiar with the entrepreneurial emotion roller-coaster All in all, this new stance from Y Combinator is giving me some hope for the future. Now I just need to sit down and write a good pitch. How would you guys rate my chances? Any tips?
  • sumit_psp 15y ago
    I think you should research a bit after coming up with an idea. For a lot of ideas I see in your website, there are existing solutions(which is not surprising, since I assume you haven't really delved a lot into it). I have experienced it a lot while doing projects; starting with something i thought was cool, did a bit of research couldn't find anything similar, worked on it for a couple of weeks, then finding out the product does exist in the market already. Overall, I think you have a really creative mind and should start working on some of your ideas, to make best use of it :).
    • itmag 15y ago
      Overall, I think you have a really creative mind and should start working on some of your ideas, to make best use of it :). Me too :) I just need to partner up with someone who is more grounded and has the mindset of testing everything. I live too much in my intuition and ideaspace.
• jvandenbroeck 15y ago
  YC is really moving into the direction of some kind of university where they pay you to learn, interesting evolution
• JVIDEL 15y ago
  I'm not offended nor mad about this, but I don't know if this is going to work out well. There are good ideas, bad ideas and terrible ideas. Terrible ideas can't be successful no matter what (startup)dream team is behind it, and bad ideas are the kind that only a black swan event can change into a successful business. Also consider that while some "ideas" are the classic "twitter for dogs" or some other improvised nonsense others are actually very elaborated and go far beyond the idea and into the "concept" stage. That a concept gets thrown into the garbage bin together with all the dull "twitter for X" ideas is very demeaning to all the teams that spent a long time working on that. And speaking of teams, is very VERY difficult to build one let alone keep it together without an actual goal (idea->concept->objective). Is next to impossible to keep things going when every session can be summed up as "any ideas?", the sound of crickets and no actual work. I don't know where you guys are but here if you walk into engineering and say "who wants to be in a startup?" followed by "there's no idea yet" you are not going to get the 10X engineers there, not even the 1Xs. The only ones paying attention will be the CS101 guys, and not the ones that learned Ruby by themselves but the ones that don't even know what PHP is yet. Ideas keep the group together, give the team an actual goal rather than a vague outcome (eg: "we're going to be rich!"). Many like to talk about failed startups, but they rarely mention that the startups that fail the most are those founded by wantrepreneurs with no idea, no concept, very little knowledge and only one clear objective: make lots of money. What's the problem? you're not making any money by just wishing, you need an actual product that gains traction, and then a coherent business plan that actually works (or will work but in that case you better have lots of investors friends). I don't mind YC is doing it but I think they should change their strategy: 3 months is a very short time to come up with a decent non-half-baked idea considering you also have to <execute it> which is a nice way of summing up all the actual work you'll have to do to get your product out there.
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• brosephius 15y ago
  For all the times I've seen people on HN say "ideas are worthless", you would think HN would love this. I myself think it's a great experiment.
• PostOnce 15y ago
  For some of us, I'm sure, it's not that we have no ideas, it's that we are perhaps too dismissive of the good ideas we have. The pursuit of perfection can leave you not only without perfection, but without a product at all, sometimes.
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• xiaomei 15y ago
  Today there are many more startup accelerators than five years ago. MassChallenge and Start-Up Chile offer mentoring and seed cash without taking equity stakes in founders' companies. Instead these accelerators are attracting talent to their area: Boston and Chile in these cases. Is it fair to say that YC has decided to step up their offering by guiding founders through the idea brainstorming session? Instead of playing the bidding game of taking smaller equity stakes or coughing up more cash, YC has decided to give founders something much more valuable: an idea. It is always refreshing to see companies focus on innovating the product and not the pricing. Kudos to YC! I expect other accelerators to follow through.
• losvedir 15y ago
  Interesting. For how many people is "working at a start up" the goal in and of itself? I've always thought "I want to be an entrepreneur, now what should I do?" was backwards. Rather, it seemed to me that history of real innovation is full of "I have this great idea, I guess I have to be an entrepreneur now". For example, Apple, Google, Microsoft, Facebook, Ford. But maybe my perspective is skewed by a type of survivorship bias -- were Wozniak/Jobs initially working on other projects that failed and pivoted towards Apple? Or maybe they happened to hit on a good idea first, but what about others? I guess YC has the data, so maybe it's time for me to re-evaluate how successful companies are born.
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• helen842000 15y ago
  I think this is a great idea. I personally don't have one all consuming idea that I'd choose to apply with and that has stopped me applying in the past. I have many ideas, all of equal interest & potential, each compliments a different side to my personality/experience. The idea of running these ideas past the YC team for their input would be amazing! I could imagine that a team with a single-minded focus on one idea would have more difficulty changing aim if it were suggested they pivot. I think the 'no-idea-yet' teams that get chosen will be steered well by the YC team. They'll have a much more objective view on their business and will follow head not heart. I'm also glad they'll consider single founders :)
• jpwagner 15y ago
  *Bug: Currently if a user visits the apply-noidea link, that user can only see the noidea application (eg, they cannot apply with an idea).
• robomartin 15y ago
  How about funding larger ideas and helping build teams? There are lots of ideas that just can't be approached sensibly with $15K over the summer. And, frankly, you might be missing out on founders that are not 22 years-olds and who cannot live on noodles for the summer. There are probably tons of really smart people out there in their 30's, 40's and beyond that have a solid foundation of experience to offer. They may not have a bunch of 20-something college buddies available to them to live on noodles and soft drinks over the summer either. Your approach pretty much excludes this entire ecosystem of candidates and ideas. Maybe this simply isn't your model, and that's OK.
• toddnessa 15y ago
  Personally, I think this is great because it has at least the potential to be used for allowing for the pairing of applicants together. This could be great for those out there who are looking for a team of other like-minded individuals to work with but are having a difficult time locating individuals who not only possess the qualifications needed (technical skills, etc.)but are entrepreneurially minded & adventurous enough to invest their time and energies into a project that (like any other startup) has no guarantees. This could really help some of those of us out there with purpose, vision & great ideas looking for someone trustworthy individuals of various needed skills to team up with us and together bring those ideas to life.
• moe 15y ago
  Brilliant move, imho. It's almost the hollywood model; cast people and ideas (scripts) independently, then bring them together, seed with money, and hope to strike a blockbuster.
• chacham15 15y ago
  My question is how does this affect acceptance? I.e. you say that you accept about 3% of applicants. Are you now going to, in addition, accept another percent for the no-idea?
• sblackett 15y ago
  Hackers are not the sole proprietors of provocative and disruptive thought. Is it unreasonable to consider that a non-tech visionary could be the catalyst for the next tech breakthrough? Vision, the ability to translate it into code and create a scalable product may be rare indeed. The failure rate of startups bears this out - do startups fail because an inability to implement, or an inability to see a novel idea that will truly change the world? The "no idea" application may illustrate the need for tech to become open to the possibility that brilliant code does not define innovation and that hackers may have become "too close" to the problems to see them on a larger scale outside the tech community. PG has said, "How can you see the wave, when you're the water?" Has the proliferation of tech startups resulted in hackers becoming the water? I applaud the "no idea" application and the possibility that what those gifted coders may need is a non-tech visionary that can still see the waves.
• joeyespo 15y ago
  Since its been discovered, then consistently reinforced that people are the indicators of success, I wonder if you can go one step further and train someone to be a good founder. I do believe these characteristics can be taught. It would be interesting to see some kind of startup bootcamp emerge. For those who want more in life, but don't quite know how to get there, or don't yet have the confidence to do it themselves. Even better, you'd come out of it pretty well connected with others in such a program. Even more so if YC was involved. Though perhaps the best way to get involved is still to work for an early-stage startup, if you can take the risk.