35 karma · joined August 15, 2014
I worry that questions like "What could we change" would miss the cases of "I was just busy" or not hit the heart of the issue. Seems like it'd be really good question for a B2B product
The distinction is that they want to fund companies who would continue working on it even if they didn't get into YC. They are so passionate about the problem that they will try to make it succeed no matter what.
Tweet is here: https://twitter.com/sama/status/636586179970752512
If a startup is a nice to have, where if you have the extra cash it adds a layer of convenience, those companies will be more likely to fail than the ones who are the core of a user's lifestyle.
I think good examples of this are companies like Box, which is extremely integrated into many company processes. Slack is another great example. Companies rely on this for their communication. Removing it is like removing a key piece of a company. On the consumer side, Honest Company has become a staple to many people's lifestyles. Perhaps Spotify, which I know many people refuse to switch from simply because they have invested time and resources into getting it just how they like it.
I'd spend all 4 weeks in an area where I don't fit in. Some South American country probably, perhaps Peru. As an Asian American, I think I'd feel too comfortable in any American, European, or Asian country. In South America I'd be able to challenge my comfort zone.
I'd use the money to take necessary precautions on necessary resources and safety, but otherwise, I'd go lean and rather push myself to do things and meet people there. I think 4 weeks is a good enough to time learn a new way of life and really change how you see things.
The interface and experience has come a long way since I first used them. I hope they encourage more community building and interaction. That was one big area that I felt was missing from the education that I've gotten through college and high school.
The community can be fairly tough on people who are wrong or missing part of the answer. People who aren't extremely experienced sometimes feel scared that their answer may not be the best for whatever reason and feel a lot of heat. This is also true for "stupid" questions. If you ask a bad question on SO you can feel the heat as well.
Mark Suster, from Upfront Ventures, has a really great list of blog articles you can read about raising VC: http://www.bothsidesofthetable.com/pitching-a-vc/
This should give you a general idea of how VC's operate: http://founderequity.com/the-new-reality-of-venture-capital/
There are obvious tradeoffs, but I could see it happen
A lot more health, bio, and food related startups in this batch.
Tea and sandwich making robots makes me think that one day YC will open its own automated coffeeshop or restaurant. Theoretically lower operating costs, making the business much higher margin. Call9 and Circle Medical look very interesting in the medical space.
And of course, gotta cheer for onboardiq. Their users really love them. They're bringing on clients so quickly and are some of the hardest and smartest workers I've met.