Applications open for summer 2009 YC funding
ycombinator.com
ycombinator.com
It's going to be in Silicon Valley, not Boston, in case anyone still hasn't heard about that (http://ycombinator.com/ycca.html). Fortunately the Mountain View office is much bigger. We were pretty much at the limit in Cambridge.
Also, we're asking applicants to submit videos introducing themselves this time. Thanks for Posterous for saving me from having to write code to deal with submitted videos!
Good question, though. I went to the Harvard Summer School in high school, so I'm still infatuated with the area -- I'd love to have an excuse to go back to Cambridge again. I traveled from California to Startup School '05 with a 10-month-old, so I know it can be done!
I'm glad I'm not applying this time.
Never mind the irritation of figuring out how to create a video (I'm sure it's easy, but why spend time figuring that out when I could be hacking?) -- I simply don't video well, especially in artificial-seeming situations. And I don't think a video would tell you anything useful about me anyway; my most natural voice is the written voice, so that's what you should listen to if you want to learn anything about me.
I can see a couple of potential advantages to requiring an introductory video -- first, it allows you to detect some fraudulent applications; and second, it raises the bar for entry, thus removing some of the less serious applications -- but my impression from everything I've read here is that neither of those are particularly problematic even without videos. I'll admit that some people speak better in video than in writing -- although I think this applies more often to business people than to hackers -- but surely the right solution to deal with such people is to make an introductory video optional, not to make it mandatory. I know there's a lot you can see when you engage a candidate in conversation which you can't see on a written page; but a unilateral video doesn't tell you how well someone can carry on a bilateral or multilateral conversation either.
I'm sure you guys have some reason for this... but I certainly can't see it. Why?
In my experience, I think you should consider working on your verbal communication skills. Nothing turns me (more importantly, team members and investors) off more than an ego-centric engineer who thinks their code is god. This can have a lot of implications in your product's quality and success on many levels. It's like the leader singer of a band thinking he knows best, most of the time the band ends up dissolving.
Heck, even if you have a "smarmy sales-dude" as a co-founder, you'll still eventually be in a role where persuasion/leadership is more valuable than coding chops. What percentage of successful startup CTOs do you think code on a day-to-day basis?
VC money is drying up. Without VC money, your runway is short. It's now much more important to get a lot of users excited quickly.
The best way to do this online is with video, hands down.
So if you can't produce a reasonably good video, you are at a distinct disadvantage, and your company is much less likely to be successful.
But people shouldn't worry that they "video badly." We're not (I hope) so dumb that we'd be taken in by people who are merely smooth presenters. We come from the world of people who video badly ourselves. If we'd been applying for Viaweb, I'd have had to negotiate with Rtm how many words he'd say, and I'd be lucky if I got it as high as 10.
Higher bandwidth indeed, but you're giving out an open canvas. Could be good, could be extreme. The restrictions of "traditional" submission mechanisms are like the "traditional" formats for resumes, preventing every resume from becoming a tabloid magazine.
http://ycombinator.com/video.html
If they ignore us and put in a bunch of fancy stuff anyway, we'll just click on "next." We have a lot of applications to read.
Maybe this will work out fine, but I worry that with a video you'll pick up things like "this guy seems uncomfortable" but not be able to identify the reasons why (is he uncomfortable with the rest of his group? Or just uncomfortable being in front of a camera?) -- or worse, get a subjective sense that a video isn't very inspiring without even identifying what you're noticing, never mind figuring out whether what you're noticing is signal or noise.
There's a reason why most professional symphony orchestras use blind auditions: While nobody disputes the fact that being able to see a musician play is valuable, experience has shown that the noise it introduces is more significant than the signal. Simply put, eliminating the high bandwidth distraction of being able to see someone allows orchestras to pick better people.
Gives more context - They explicitly state they don't want to make it into a video making contest.
Does it just raise the bar of entry enough that you receive fewer applications; or is there something to be gained by the determination as to whether or not someone is comfortable in front of a camera?
Applying for a YC cycle is not on my to-do list for the foreseeable future, but if there is some kind of insight to be gained from video applications, I'd love to hear about it.
Basically we just want to see what people are like. When we do interviews we always feel that we know more about a group after 30 seconds in person than from reading their whole application. We were hoping that video would give us some of that a step earlier.
I know when meeting someone in person it's pretty easy to tell how passionate they are about what they're doing (or even how comfortable they are with their ideas). I do hope that you'll write about the results of this particular experiment once its done, I'm curious about how it turns out for you.
I've waited a year to apply, though, and this is an utter thrill! I got such a such seeing the applications open this morning.
How about a Skype video-conference? http://www.skype.com/allfeatures/videocall Some angel investors use it to attend far-away board meetings from home.
Of course, that lacks the personal feel of an in-person film: maybe we'll both try and long-distance to New York City for the occasion.
Video calls are only possible with two participants. Unfortunately, video conferences are not possible at the moment.
So, you could "conference" between two people (or two locations), but that's it (which should be enough if it's just two founders).
On one hand, people might be pretty worried about taking a risk like this now that the economic turmoil has really started to hit the labour market and not apply as much. OTOH, recently laid-off people might flood YC with applications, even if they would not consider it before.
On the other hand, if you ever wanted to Goatse PG, here's your chance.
Also, if you put "almost zero" effort into your intro video, then it's going to suck. I don't know what YC is looking for in the video, but it seems like you'll have a higher chance of them funding you if they see that you have at least one naturally-charismatic founder, in addition to a very skilled technical one. The video can show your charisma, just like the application can show your technical skill.
It still seems like the total number of fully-completed applications will decrease because of the video. But again, that's a good thing.
Seventeen year old: http://www.iamthewitness.com/Bollyn/RogerHolyfield.jpg
Eighteen year old Aaron Swartz in 2005: http://graphics.boston.com/bonzai-fba/Original_Photo/2007/09...
Also, I just realized that doing a Google image search for "thirteen year old boy" at a public coffee shop might not be such a good idea.
Edit: Scratch that, guess I should've searched first. http://news.ycombinator.com/item?id=336635
I'm somewhat new to the YC funding process, not sure if I can find this info somewhere (a link would be appreciated if that's the case).
Thank you!
> In the video please introduce yourselves, explain what you're doing and why, and tell us anything else you want to about the founders or the project.
(pity the application form isn't wufoo!)
or just use a startup you've funded that does exactly this? :)
[Edit]: Validation of the video is probably desirable, since you then don't have to ping applicants whose videos don't work. I'm willing to bet that posterous does validation and replies if the video is bad.
Do we have the chance to update the submitted video with our latest video? For instance, if we decide to submit the application with the video before the deadline, then, decide to update the video later. Can we do so?
I assume they simply use the most recent application...
This is hypothetical right now, but I am very seriously considering applying next summer.
My motto: "Succeed Together". The team is the solution, not the problem. Once you got your team of passionate people, apply to YC!
[before you mod me down, feel free to contribute other places on the web where people can find partners that would qualify to start a YC-funded business. If you have a decent list, then mod me down. If you can't come up with more places, then accept that my plug really is informative :-) ]
Shouldn't this be summer?
If it's the former, I hope you don't get offended by it, but I think, looking at HN and your website, that you wouldn't be accepted. :) Nor would Sergey and Page.
Good design doesn't mean fancy design. Quite the opposite.
But in your 'startup ideas', in the idea #16, you said Google has no sense of design, so I suppose that the people responsible for it (Google founders originally. Marissa Meyer with a team of designer now days, I believe) wouldn't be accepted in YC.
And that is more of a rhetoric observation. I know they would.
But then isn't the 'sense of design' requirement unnecessary?
Good luck!