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If you had applied now with Loopt, do you think you would have been accepted into YC? Or Alexis Ohanian / Steve Huffman with Reddit in its primordial phase? It
by mattkrisiloff 12y ago
If you had applied now with Loopt, do you think you would have been accepted into YC? Or Alexis Ohanian / Steve Huffman with Reddit in its primordial phase? It seems like YC has become so competitive that it cuts out some of those promising (risky) founders that don't have as much to show.
- mattkrisiloff 12y agoOn that note, would you ever consider starting a YC 'minor league' farm? It'd be interesting to do 12-15k investments on young, very scrappy founders, a la original Summer Founders Program. Perhaps mentored by alumni rather than full-time partners for bandwidth purposes.
- sama 12y agoYes, I've thought about trying something like that.
- sama 12y agoI think so, yes. But also, it's a different time now. I'd have had more progress by the time I applied to YC. For some companies, in a week, good hackers can get a prototype built and have a few initial users. If that's possible, we expect it. If you are building a nuclear reactor we do not expect a prototype at interviews. However, we did have a rocket company bring a prototype engine to interviews.