I imagine that YC rejects EVERYBODY that applies to YC DEMO DAY.
1,374 karma · joined March 13, 2009
I imagine that YC rejects EVERYBODY that applies to YC DEMO DAY.
Shouldn't that be enough? Having an idea gives you a starting point from which to iterate.
Use twitter how you want to use it, and how you get the most value out of it. Follow people whose tweets you enjoy reading. Can't we just leave it at that? Leave the rest of the twitter over-analyzing to TC, they certainly do enough of it.
Not trying to be smug, i'm genuinely curious...
Yes, if you are making chairs or cars, it makes sense to have more people (up to a point of inflection where the diminishing returns would make adding new workers grossly inefficient).
HOWEVER, if we are talking about startups -- disruptive, scalable businesses -- they are, by definition, more efficient than big companies. I would make this argument myself, but it has already been made pretty well by PG:
http://paulgraham.com/boss.html Startup founders seem to be working in a way that's more natural for humans...each species thrives in groups of a certain size...groups of 8 work well; by 20 they're getting hard to manage; and a group of 50 is really unwieldy.
http://paulgraham.com/wealth.html You could probably work twice as many hours as a corporate employee, and if you focus you can probably get three times as much done in an hour. You should get another multiple of two, at least, by eliminating the drag of the pointy-haired middle manager who would be your boss in a big company. Then there is one more multiple: how much smarter are you than your job description expects you to be?
http://paulgraham.com/avg.html In a big company, you can do what all the other big companies are doing. But a startup can't do what all the other startups do [this is why/how startups can beat the average].
It's hard to argue that startups are not more efficient than big businesses.
When are you guys gonna be invited on stage after Jobs's keynote, Loopt style?
1. You won't be your own boss. Yes, your customers will tell you what they want, but ultimately YOU decide the direction of your product/company. In this sense, you most certainly are your own boss.
2. You won't like your personal life. Unless you are passionate about what your business, and you love what you are building. Also, this is empirically and anecdotally wrong.
3. You won't succeed. Every startup fails for one reason: the founders quit before they build something people like. There is no other reason for failure (esp. in the case of software). I will defend this point separately, if need be.
4. You'll hate the problems. By definition, problems are problematic. But the problems you are trying to solve in YOUR business will be a lot more engaging than the trivial problems you are working on in a large company.
5. You'll be a jerk.
I don't even know how to respond to this one. Have you ever worked in a big office? Go to passiveaggressivenotes.com -- I bet that 99% of the content on that site comes from cubicle-style offices.
6. You'll hate your lifestyle.
Empirically wrong. It's a challenging lifestyle, but whether you hate it or not depends more on your personality type than on the lifestyle itself.
7. Again, you'll fail. c.f. 3
I think you guys have a pretty cool product. Maybe you should concentrate on one specific vertical. Right now you are trying to market to everybody, which may be tough. But if you can pick one particular use case, it might be easier to develop a marketing strategy.
Also, make everything free for the first X users. That will really motivate people to sign up. Right now $75/month seems pretty expensive.
Congrats on the official launch.
If he just came up with the idea, I would give him a few percentage points and say "thanks." If he is going to be the mastermind behind the execution and the driving force of the company, then I think he is tremendously more valuable, and his equity stake should reflect that.
I was actually surprised by this. In retrospect, it makes perfect sense, but I would never have even thought of this.