you have an excuse to move to SF for summer founding a startup.
Why would you even consider giving up after being rejected from YC? Isn't that telling the world you're not sold on your idea?
Why would you even consider giving up after being rejected from YC? Isn't that telling the world you're not sold on your idea?
And you are right, I can still move to SF :).
How about you? Have you already founded a startup? With or without YC or anyone else for that matter? And why?
We applied for YC, but didn't get in.
We dont need YC -- but it would have been great. We had other offers on the table (good offers, they wanted us to go thru YC and they'd invest with/during/after) -- those offers still stand post rejection so we're going to close very soon. Some of those investors are pretty big names in the tech world, so we're really excited.
If I was to informally tell you the roadmap of our startup it'd be: (now) small round (~$50k) of funding, prove our worth and take a larger round (~$300k) in ~12 months, go from there.
I'm 21, my co-founder is 28. We're young, we haven't done startups before -- we understand its a huge risk, so we're trying to break it down so everyone wins.
I like to think in a year we'll be in exactly the same position as if we had taken YC. We'll see, I really want to email them saying "we just closed Series A, wish we could have worked together, no hard feelings and I'd still love to buy you guys beers"