I would still do it. The worst that will happen is that they say "no".
They eventually do share the ideas; just not in the beginning. Some companies announce themselves in the beginning and some don't. Eventually we will hear about them when Demo Day comes around. This is a post listing the recent class: http://blog.ycombinator.com/congratulations-to-the-yc-summer...
This is a compiled list of all the companies that have ever attended YC and their status (though it seems it hasn't been updated yet): http://yclist.com/
They are getting a huge database to mine. You share your idea, progress and other things, but they dont even get time to provide a feedback! Not even focus on this or that type. Also dont forget stupid show us if we were wrong type sentences.
https://www.reddit.com/r/startups/comments/39kswc/vc_rejecti...
https://medium.com/@bchesky/7-rejections-7d894cbaa084
I haven't heard any stories where YC used their database nefariously and gave away ideas to other founders. This is interesting though, I'll keep this in mind.
YC always said it was more about the founders than the idea, so applying is nothing like doing a business model canvas or whatever. That said, I think it is still very worthy to apply if you think you are a YC-type founder. I just do not buy that applying is an exercise worthy for itself.
> YC always said it was more about the founders than the idea
I've heard this before. I do believe it's true, but only after the initial idea. They have had some cases where the founders applied with an idea, got accepted, and then found out that their initial idea wasn't going to take off. Now they are really investing in you, the founder, over your idea. The stories of Optimizely (https://soundcloud.com/akharris/startup-school-radio-ep-3-pe...) and Codecademy come to mind.
I guess the ideal situation from both YC's perspective and a founder's is when the application is mostly exhaust fumes from impassioned existing execution: when the effort to produce the content of the application is something that the founder(s) are committed to independently of the YC process. Their goal is to add momentum not overcoming inertia.
YC is a popular game of chance. It's not the only one. It's targeted at a particular type of player, not everyone. Building something provides several other options.
Good luck.
Of course that's just a guess based hanging around on HN not inside information or drinks with YC alums.
Graduated from or attended Stanford or an ivy league school (but preferably specifically Stanford). Proven track record of success. Under 30. Without family ties. Has impressive hacks they can mention on their application. Has a product with current traction. Has a product with unicorn upside potential ($1B possibilities). Product is very early in its lifecycle. Not a single founder (preferably two to three). Can sell the startup quickly (this is important if you make it to the interview) and address potential issues with the business plan.
But remember that at this point, they probably only interview 1 in 500 applications if that, so there's a lot of chance involved as well.
Stop worrying about YC. Work hard (for someone else), learn everything you can, save your money, and think a lot. When you have the resources then start a bootstrapped business and never look back.
One of the big changes that have happened over the last few years is that the resources you need to start a tech business is much reduced to the point that one skilled person with relatively modest savings can start and build a serious business. Get on with acquiring the skills and resources you need to start without needing outside investors.
YC is a business with the aim of making money. Only certain types of businesses and founders are of interest to them and if you don’t fit then you are best to stay well away.
http://www.tillett.info/2015/06/24/why-i-kept-my-startup-in-...
If you don't have the fire in your belly to overcome challenges, then chances are you probably won't be very good at building a successful company.
"soul crushing", "lottery" are words that people who easily give up use. Where's the fire, where's the ambition?
That's one of the most important things I'm looking for in the founding team when I read applications. I want to see determination, fire in the soul, and an ambition to go out there and make amazing things happen.
A great founding team can take a shitty idea and still make a success out of it, a shitty team can take a great idea and make nothing out of it.
It's true that I gave up applying to YC but not my dreams!
Yes, it sucks not getting into YC. I know, I didn't get in the first time I applied, it felt shitty for a day, but then I just went on with building my startup regardless. I applied again the following year and this time we did get in. I didn't give up or think about our chances once.
Determination is not something you say, it's something you do, especially when the odds are stacked up against you. So if you are determined, apply for YC, don't over think it, then keep moving forward with your world domination plans.
More here: http://imars.posthaven.com/so-you-didnt-get-into-yc-now-what
YC is a leg up, not the ultimate be-all and end-all of getting your startup on it's feet.
Explore your other options. :)
i think problem is wys is not wyg. Someone wants to surf and we are becoming the wave.
I would love to hear alternatives.
for us, we apply because we realize how much we can learn (why do we know before even get in? i have talked to a lot of YC alum, and 90% of them that i talked to are independent and in-depth thinkers, who suggest me to look at things from different angles. and we could only imagine how much more we can grow if we get in).
As as Solo founder do you have hope at all when it comes to applying to YC? Please no BS about startups are hard you need help thing!