snowmaker

10 ms·

31.
by snowmaker 4y ago
No, one of those dramatic things would happen, even in a worst-case scenario. The worst case scenario for a venture fund (not A16Z specific) is that their future funds would be smaller and as a result they would need to make fewer investmen
32.
YC is hiring a product engineer to work on co-founder matching (SF/remote, US)
1 points by snowmaker 4y ago
33.
by snowmaker 4y ago
Actually, the percentage of companies that raise money at demo day has remained constant from S16 to now.
34.
by snowmaker 4y ago
Thank you! I remember seeing your doodle notes from before - they're delightful!
35.
Tell HN: Startup School 2022 – returning to live event, with meetups worldwide
144 points by snowmaker 4y ago|24 comments
36.
by snowmaker 5y ago
Y Combinator (yes, the people who run this site) | Software Engineer | Anywhere in US | REMOTE | Full-time Y Combinator has a small ~10 person team that builds all the software that runs YC. We don't hire for this team very often, but
37.
by snowmaker 5y ago
Y Combinator (yes, the people who run this site) | Software Engineer | Anywhere in US | REMOTE | Full-time Y Combinator has a small ~10 person team that builds all the software that runs YC. We don't hire for this team very often, but
38.
by snowmaker 5y ago
(I work with YC's biotech companies). I'm particularly excited about what this deal means for biotech companies. YC's previous deal of $125K was always a bit light for companies doing wetlab biotech, which is still expensiv
39.
by snowmaker 5y ago
Most companies in YC these days raise over $1M at demo day, so no, I don't think many companies are likely to skip demo day as a result of this. Our goal instead is to make companies more successful at demo day. Now they'll have
40.
by snowmaker 5y ago
No. There is no requirement (or implied requirement) to raise more money after doing YC.
41.
by snowmaker 5y ago
(I work at YC). We do offer equity-like ownership in YC to all employees. Unfortunately we can't share the details or numbers publicly. But philosophically we think it's very important for all startups to offer generous ownershi
42.
by snowmaker 5y ago
Y Combinator (yes, the people who run this site) | Software Engineer | Anywhere in US | Full-time Y Combinator has a small ~7 person team that build all the software that runs YC. We don't hire for this team very often, but we're
43.
by snowmaker 5y ago
Wow, I'm really excited about this. Running a large rails website, we spent egregious amounts of money getting EC2 instances with extra ram. If they can fulfill their promise of reducing memory usage by 50%, that'll save us tens
44.
by snowmaker 5y ago
One of the nice things about YC is that we have the luxury of being able to take a long-term view. YC itself didn't show massive results for 10 years so we're used to that.
45.
by snowmaker 6y ago
I work with Daniel and I have no idea how he manages to do this. He's incredible.
46.
by snowmaker 6y ago
Well, when we first tried remote companies, it was ten years ago. Remote tools have come a long way - zoom and slack didn't exist back then. Also, honestly, we didn't try hard enough before covid forced us to really invest in bui
47.
by snowmaker 6y ago
(I work at YC) I'm glad you brought this up! It would be very easy for us to expand the YC batch by being less selective in the companies we accept. However, we wouldn't knowingly do this because it would run directly against our
48.
by snowmaker 6y ago
We've definitely talked about it. One of the downsides is that it's logistically quite complex to have overlapping batches. But it's still something we might do in the future.
49.
by snowmaker 6y ago
(I work at YC) This is most people's first reaction - they assume that if YC is getting bigger, some limited resource must be getting diluted. But that's actually not the case: there is no limited resource that isn't being i
50.
by snowmaker 6y ago
(I work at YC) Yes, we care a lot about making employee equity more generous and more fair. Part of our YC curriculum now is teaching founders about these issues and encouraging them to follow best practices around being generous and trans
51.
by snowmaker 6y ago
It's not an unreasonable suggestion (and a lot of people are making it now), but the risk with a single dose is low persistence. We know that the first dose has high effectiveness in the first month, but it may trail off sharply. Or
52.
by snowmaker 6y ago
That's an interesting idea. Does a chromatic keyboard layout exist?
53.
by snowmaker 6y ago
Seems like we made a mistake, and congratulations on your success! If you're open to it, I'd love if you could email me the name of your company (jared@ycombinator.com). We are extremely interested in learning from mistakes like
54.
by snowmaker 6y ago
Actually, Boom is planning to be carbon neutral by having their planes burn only fuel made from extracted CO2.
55.
by snowmaker 6y ago
Wow, this video about Oracle is a must-watch. I was in fits of laughter.
56.
by snowmaker 6y ago
Not quite. The ideal situation is to not have to raise money, by being default alive: http://www.paulgraham.com/aord.html Just because you don't have to raise money doesn't mean you never do. Sometimes found
57.
by snowmaker 6y ago
Actually, at YC we tell every company we fund that ideally they would treat every dollar they raise from investors as the last, and get profitable from the money they raised already. Not every company can do that (i.e., Boom, which is build
58.
by snowmaker 6y ago
After this whole NYT showdown, I'll definitely appreciate SSC more. I always liked it, but it was just one blog among many. The realization that it could disappear at any time somehow makes it seem more precious.
59.
by snowmaker 6y ago
We've kept the partner-to-company ratio consistent as we've grown.
60.
by snowmaker 6y ago
As a YC partner who read this comment buried deep in the comment tree, I think ... I would have to plead guilty to your charge.

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