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We totally blew it that time. IIRC you did fix the thing we were most worried about when we were talking to you.

Well, I think it's still a little too early to tell if you blew it ;-) Raising capital != successful company, so we'll have to wait a few more years to see if I can make something of the opportunity.

There were some significant problems with the company/idea when we applied. Hopefully, we're fixing things quickly enough to win in the end (I think we are!) :-D And thanks to PG's advice, I have a new-found appreciation for some aspects of the business that I'd overlooked before.

Congratulations, to raise a million and a half from a VC within two months of a YC rejection is probably a record.

That should really help to put a YC rejection in to perspective for those who receive 'bad news' in the mail in the next couple of days.

I know of one other team that did the same.

I think the best advice Ive ever gotten was "dont be such a pg fanboy"