Example of a good YC application video: Directed Edge
scott-oviwe.posterous.com
scott-oviwe.posterous.com
Any chance you'd be willing to mention what it was you liked about their video?
I think the video part might be one of the more challenging parts of the application, partly because of the 1 minute time limit, and partly because it's supposed to be unscripted and off-the-cuff but the applicants still need to describe what they're doing, which takes some preparation.
That being said, through the offhand way they impart information, it is clear that they have a significant degree of skill in their domain. (Short lookup times, unaffected by distraction). Moreover, their body language was not urgent or desperate. I have a sneaking suspicion that getting VC is like dating; the needy don't get fed.
So my advice to you: spend more time cultivating expertise in your field. This has multiple benefits: 1) you're more likely to actually succeed, and may be able to avoid having to take (YC) funding altogether; 2) you'll be able to talk offhand more easily about your startup.
We've got pretty solid expertise in all of the necessary fields, it's just a matter of getting the entire project described without forgetting anything important.
One of the biggest rules in business, and even more importantly startups, is FOCUS. While your technology/process may apply to many different areas and industries, you realistically can't tackle and market to them all. Therefore you need to focus the process/technology into one area/industry and there should be an easy to understand compelling case on why it makes life better and easier.
There's a reason why you're only given 1 minute.
I agree with your points, especially about memory. Expert chess players have superior recall of chess positions - but only those that could occur in play. For other positions, their memory is comparable to ordinary people.
Which means the way to make a successful video is not to focus on the video. It's to do what Scott suggested: work on the company. Then you'll be able to just sit down and do the video in a single, unscripted shot. And that is so much more convincing than someone sitting reading from a script.
-Building a recommendation engine.
-Started with general approach, now focused on e-commerce
-Cheap/easy alternative to expensive/hard "enterprise" option.
(the easy integration part is 'the next step)
-Amazon drives 25% ($5bn) of sales via recommendation.
They want to bring this to the masses.
-Identified: 75% of sites don't have a recommendations,
50% have identified it as something to get.
-Already capable of 100s of recommendations per second
I guess this doesn't work without the application to fill in the gaps. I felt that the application was missing an explanation why this recommendation engine is good or how it works.I wonder if this will be a catalyst for people to be more informal with their videos, just speaking freely about what they are trying to do.
The sound was fine, and they did pretty much exactly what the app asked for -- no post-production, no fancy stuff, just a video of you talking.
I'm beating this dead horse because I know that a lot of great hackers would feel intimidated about having to make a video of themselves, and it would be a pity if that dissuaded anyone from applying. Of course YC have already made all this clear.
It's better, in fact, that the OP had low "production values" because it shows that there isn't much of a barrier to entry here.
I can still remember that I talked to one of the founder guys of directed edge at a party at the web 2.0 conference in Berlin last year, and he was like "ooh, you are one of the few here having an interesting project".
His project wasn't uninteresting as well ;). Good luck!
+ the problem
+ market size
+ distribution
+ salient features
I'll take this 2 minutes over most of the TC50 demos.