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We got rejected by Y Combinator
- senthadev 13y agoVinod khosla (Sun co-founder) says "Fail Fast", meaning that learn all the possibilities (specially the dead ends, how not to use) of the new technology/idea before competitors do. So when the competitors place their baby step on the idea you're more far from the starting line. Good luck.
- karenxcheng 13y agoThanks for the support!
- karenxcheng 13y agoHere's the cache in case my blog goes down: ------ Why is this news? Well, it's not supposed to be. News is when so-and-so raised a $15 million round from Sequoia-this or Andreessen-that. Yesterday, we had an interview with Y-Combinator for our video startup, http://giveit100.com http://giveit100.com. We just had a pretty good launch earlier in the week. My co-founder Finbarr is more reserved than I am - he doesn't like to count his chickens before they hatch. But me, I had practically made myself a chicken sandwich. We'd get in for sure! A little embarrassing to admit, but I'd already started writing my self-congratulatory Facebook status in my head. "So excited to announce that 100 has been accepted into the next batch of Y-Combinator," I'd say. Then at 8pm: we got our rejection email. Ugh. Here's the Facebook status that went out instead: ------- So excited to announce that we had our YC interview today and ...didn't get in. You only hear about people when they succeed huh? I'm way guilty of this too. Only posting the good news on Facebook. Painting an artificially glossy version of my life. But I better start practicing what I preach. Show my mistakes. Don't be ashamed of failure. Be proud I tried my hardest. Fall 7 times, get up 8. YC gave us some good, actionable feedback in their rejection email. They even challenged us to prove them wrong. I appreciate that. Challenge accepted. ---------- Then a cool thing started happening. One by one, people left comments about how they'd failed before. Joel Gascoigne from Buffer wrote how they didn't get into YC - they didn't even get an interview. People told me about other YC founders who didn't get in on their first try. Drew Houston from Dropbox is one of them. Overall, Silicon Valley is pretty good about embracing failure. Here, it's not taboo to say you started a business and it failed. I don't know anywhere else like that. But that's easy to forget when we see shiny headlines on TechCrunch. We're only seeing a brief moment of glory. We don't see the self doubt, the lost sleep. The dozens - sometimes hundreds - of rejections from investors. We're good at embracing failure - but we could be better. Do the scarier thing. When we stop hiding our failure, we stop fearing it. "The master has failed more times than the beginner has even tried." - Stephen McCranie
- codezero 13y agoI think you have a great idea and 100 will be a great medium for expression. I was glad to see you at Startup School and bummed they didn't invite you then. Keep at it! I think that they had some good advice and questions, but I'm sure you are doing everything you can with such a small team.
- karenxcheng 13y agoThank you. Yes we really appreciated how helpful and specific their rejection email was, it wasn't one of those generic forms. Learn from it, iterate, get better.
- jakejake 13y agoCongrats on launching your app! The YC investors all have their specific interests of the moment and it could be for some totally random reason your site doesn't fit this particular round. Building a business is a long journey. YC is only one of many roads to take, and acceptance in their program doesn't guarantee success anyway. Good luck to you whether you decide to continue with giveit100 or move on to the next venture!
- ChikkaChiChi 13y agoAnd now when you succeed in spite of this, it will be that much sweeter! Never let the failure define you, only let it temper your proficiency so that you and your projects pass through each phase stronger than before. Just because one does not perceive the value as highly as you do does not mean the world reflects that opinion. Keep taking the shot. “Go then, there are other worlds than these.”
- dethstar 13y agoI ran into giveit100 and I'm planning to use it in the near future. So please keep up the good work!
- Macsenour 13y agoI didn't get at interview either...
- 7Figures2Commas 13y agoMaybe I missed it, but where's the failure part? The author's startup didn't get into YCombinator. That's not failure. She and her co-founder did not make any mistakes. Failure is what happens when your business doesn't go anywhere. The only possible mistake here would be for her and her co-founder to believe that they needed to get into YCombinator (or any other program) for their business to go somewhere.
- karenxcheng 13y agoIn this context, I'm referring to failure in the "setback" definition. Not ultimate, unrecoverable business failure sense.
- Patrick_Devine 13y agoKaren, I don't have any special insight into pg's mind (having never met him), however when I watched you at Startup School, two things struck me about your session during Office Hours. The first was pg seemed intrigued by the idea. He was even feeding you additional ideas about where you could take it. It felt a little like you hadn't fully thought through why what he was saying was good or bad. One thing you could have concentrated on would be whether your idea has any kind of network effect and if you really can keep getting people to come back to your site. The barrier to entry for starting something like this is pretty low, so focusing on the community is really important. The second point was that Finbarr didn't do much of the talking. pg is a geek at heart, so I felt like if Finbarr could have talked more about the technology choices, things could have gone better. The choice not to use YouTube to me (despite YouTube being down as I write this) seemed really odd and I think that didn't sit particularly well. Being rejected by YC certainly isn't the end of the world, so stay positive and keep plugging away at it.
- jb007 13y agoIt could mean ycombinator does not have the necessary expertise to help you like they would want.
- melling 13y agoIt would be really cool if people could self-organize, crowd source, support, motivate, etc. a virtual incubator based on the same ideas and techniques as Y Combinator. The barriers to entry for creating products and companies is so small, it's a shame not to keep trying. After all, software is still eating the world: http://www.wired.com/business/2012/04/ff_andreessen/5/ http://www.wired.com/business/2012/04/ff_andreessen/5/ And all you really need is a lot of dedication: http://quotesondesign.com/john-carmack/ http://quotesondesign.com/john-carmack/
- losethos 13y agoI don't know what $100,000 would change for me. Basically, God's gotta become known to the world. The news is supressing God talking. Once the news gets out that God talks... I win. My retard jew-nigger CIA enemy thinks he can suppress God indefinitely. Game over, I win, end of world. Give up. $100,000 and some kind conventional thinking is retarded--what would I fucken do with $100,000? God talks and international news is the only sensible course. ----- Judgement day mother fuckers. God says... you're_out_of_your_mind youre_welcome just_between_us caution uh_huh repent what_do_you_expect oops industrious you're_out_of_your_mind taxes epic_fail crash_and_burn like_like joking you're_no_fun evolution no_more_tears astrophysics King_Midas home bank talk_to_my_lawyer au_revoir Watch_this I_could_be_wrong prosperity how_come ---- Brendan thinks he's clever jedi mind tricking into "Of course you have memory protection". DOS and the C64 had no memory protection. It's perfectly fine without it. Protection matters when you have buggy applications that access memory they shouldn't. If you do not have bugs, memory protection never does anything, but slow everything down and make it complicated. Just quit with jedi mind tricks. Nobody is fooled. Everybody knows the score.
- losethos 13y agoThe longer you postpone judgement day, the worse it gets for you. You need to be reconciled. God says... glam you're_fired tree_hugger This_is_confusing LOL completely That's_my_favorite I'm_impressed fortitude completely Mission_Accomplished ouch
- esthercrawford 13y agoThere's no shame in being rejected from YC. Nice work to date - and fyi, I'm a fan of the hover play on the site. Looks slick. :)