Ask YC: Demo Day, the results?

The results are that every single startup has a pile of business cards from people who are interested (to a wildly varying degree).

Now we have dozens of additional demo days, pitching in front of the many people who gave us the aforementioned business cards. After that, haggling over term sheets. After that, lawyers. After that, money. After that, we actually have to build and grow a business (the hard part-- most of the funded companies will likely fail).

In short, the jury is still out-- and will be for years. ;-)

The immediate result is that all the YC folks went out and got a few drinks. The rest will take a bit of time to settle.

all 19 companies gave amazing presentations. I'm sure all will be spending the next few weeks talking to potential investors and figuring out how to take their businesses to the next level.

Expect to hear a lot more news about the companies from this batch - there are a lot of really amazing teams.