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You're asking me to resolve ambiguity by presenting more ambiguous choices. I think you intend "solely dependent on" when you say "dependent on". A decision i
by portLAN 19y ago
You're asking me to resolve ambiguity by presenting more ambiguous choices. I think you intend "solely dependent on" when you say "dependent on".
A decision is both likely to be affected by, and dependent on, multiple factors. In YC's particular case of selecting among many young, first-time, unproven, possible entrepreneurs, there likely isn't much of a track record to go by so the decision has a very large subjective component. Not only can they not predict the market performance of what you're building, but they want you to be "flexible" with the idea, even to the point of throwing it away and switching to something completely different. In those cases it means they can't possibly objectively evaluate your plan, because you don't have one yet.
The greater the lack of objective data, the more subjective preference comes into play.
- asdflkj 19y ago"Subjective preference" and "whim" are two completely different things. Let's look at the post that started all of this: "Don't leave your fate up to someone else's whim". If you replace that with "Don't leave your fate up to someone else's subjective preference", that doesn't sound quite so undeniably prudent anymore, does it? Especially considering that the "someone else" in question is highly authoritative on the subject.
- portLAN 19y agoYou might find it helpful to check the definition. Amer. Heritage: whim: "Arbitrary thought or impulse". Arbitrary: "Based on or subject to individual judgment or preference". > that doesn't sound quite so undeniably prudent anymore, does it? Good thing it's definitionally equivalent and I used the form that would provoke a stronger visceral response, in order to get the idea across more forcefully. YC should just be one possible tool you can use. Keep in mind that if you do actually have something valuable, you're doing them quite a favor by letting them get a percentage for such a tiny investment. > Especially considering that the "someone else" in question is highly authoritative on the subject. You're a bit mixed-up there. Starting your own investment company doesn't make you an expert on people and ideas any more than starting your own record label makes you an expert on music. It's also fairly apparent that no one person is going to be a good filter for all ideas or people. We've all been surprised by various start-up successes.
- brlewis 19y ago> Starting your own investment company doesn't make you an expert on people and ideas True, but advising dozens of startups, some of which became highly successful, does. Especially when your investment money came from the sale of your own successful startup. "Whim" and "arbitrary" have a connotation of carelessness; I don't think they fit here. Still, there's truth in what you're saying: The large number of applications necessitates that they use heuristics and gut feelings to choose whom to interview. Their rejection letter admits that the process isn't perfect, and it would be unwise to give up on an idea on the basis of a YC rejection.
- portLAN 19y ago> True, but advising dozens of startups, some of which became highly successful, does. I would be surprised if anyone on YC news couldn't get a few successes out of 60 start-ups. YC's had its share of duds as well. And various times we've heard they're not far in the black; considering the micro-investments they're making, that doesn't strongly support the notion that they are especially successful. > "Whim" and "arbitrary" have a connotation of carelessness; I don't think they fit here. I'm sure they are careful in certain ways but there's only so much to be gleaned from a brief application, which may not include the follow-up 10-minute interview. Three people can't advise 60 existing start-ups and do due diligence on 500 more. Not to mention, a substantial number of people haven't even built anything, which means they really have no choice but to judge the book by its cover. There are always snap judgements and rush decisions in any big application process. Hence, whim.
- asdflkj 19y agoThe word "arbitrary" has several meanings, but for each instance of its use, there is only one meaning, and the context determines which one it is. In the definition of "whim", the meaning of "arbitrary" is not one you mentioned, but this one: "Determined by chance, whim, or impulse, and not by necessity, reason, or principle". Unfortunately, that makes it a bit circular. Let's try another dictionary. Webster gives "existing or coming about seemingly at random or by chance or as a capricious and unreasonable act of will", which I think is suitable in that context. Of course, your judgment of what is suitable in the context may be different from mine, but there is at least one thing that speaks in my favor: your very own claim that your version "would provoke stronger visceral response". Why would it, if its meaning was the same?