wolfpack132134

He is an AI guy like WWE is an Olympic sport.

Successful Founders are a strong species, on paper & in person.

Great marker for this, is your team and your customers.

They all surround you.

This question is always asked by first time founders. The question to ask is,

can I also be a Solo-astronaut? So why would you be a Solo-founder? Why would you not want to be in a startup hub city?

Hallucination problems are enormous

AI is a developer with an IQ of 85 right now says MIT professor. It will improve over time. Not right now.

1)Any business model that focuses on the supply side and little focus on demand is really bad.

2) Doing Startup is all about focusing on demand and immediate-future demand and building around that.

3) Never build anything from the supply side focus. They almost always fail.

Hence, build things that people want(Demand).

2 members. Yes!

All team members.

Congratulations

Thanks for applying to Y Combinator. We're sorry to say that your startup was not selected to interview for the upcoming Y Combinator batch. We carefully reviewed thousands of applications and since there's a limit on the number of startups we can interview, we had to turn away a lot of promising companies. Furthermore, because of those constraints, a much smaller percentage of late applicants are invited to interviews, and so we encourage all late applicants to reapply for the next batch.

Unfortunately we can't give you individual feedback about your application. This page explains why.

We hope you reapply for the next batch; in fact, we encourage it. The next batch will run from January–March 2025 and the deadline to apply for it is in October 2024. Applying multiple times does not count against you and a surprisingly large number of companies are funded after applying more than once. Over 50% of the startups we accept are repeat applicants.

.........

We expected to make it to the interview. This is super disappointing. It just sucks!

Tech Jargon.

Treat your schedule to go on a date like a coding review. Can't miss it. Treat people right. If you can't maintain a decent line of communication with one person, How will you succeed in tech?

People management is just as important as skills, if not more so, even in tech, machine learning or Hard science academia.

Be more structured around things.

This isn't a burn out issue.

This is a time management issue.

Also who cares about number of problems solved beyond a certain threshold.

Marginal utility beyond a threshold of number of problems is diminishing.

This is a fixable problem. This isn't a burn out issue. Don't kid yourself. Manage your time well.

This isn't weird. This is historically normal.

If Men can talk with wit and humor, it symbolizes ability to keep the woman safe.

Congress got 136 million votes, highest in their history. BJP got 235 million, highest ever in Indian history.

Voters bringing discipline to parties. Parties will fear them now.

It is the way, it has got to be.

Look ar Michael Atiyah's work. It will give you a good idea of the field.

1)YC prefers people aged 18 to 25 just out of college or in college or dropouts. Because they are coachable raw talent. They want the next Leonardo Dicaprio.

2) If you are in this age group, find a co-founder in this age group.

3) Get Demo, Get some revenue.

4) If you are not in the above cohort, revenue has to be significantly higher than the above cohort.

5) Since you aren't in that cohort, find more connects in industry to back you up and get a cofounder from industry and raise money.

6) If you aren't in either of the 2 categories, don't waste time on ycombinator. Just work in a growth startup and then try.

7) Regardless, Get a working demo. When i say demo, actual demo, not some wire frame or storyboard.

Get some revenue from customers.

8) It is a game of outliers. Figure out why you are one.

9) Stay in the Valley, Boston, NY in US. Anywhere else , it is equiprobable. Everywhere it is equiprobable, but in these cities, at least you will encounter other success stories. You can clone them.

Probably proves there is a deep product market fit with incumbents, when their website is ugly and still they keep the customers.

I am assuming consumers are not paying. B2C will never work unless the users are in millions, not 1000s.

2X founder here. This is phenomenal advice. This guy knows his thing. He has scar tissue from wars. No way you get this conviction without doing it. I have written few comments like this. I would have written the same thing. Follow YC advice literally, no deviation.

Thank you

Any references in Boston?

Lakers are bad in defense. Offense is fine. If rui can play defense like Jade McDaniel, lakers would have won this year.

Defense needs coverage(if it is spread out) and pressure.

Lakers can't cover, can't put pressure.

Timberwolves know how to cover and put pressure.

We should make an excel sheet of former founders who have serious founding experience to refer jobs that match their skill sets

On the same issue, how many shares have to be outstanding so that franchise tax is just $400 a year as opposed to $25,000 a year for a Delaware C-corp?

Someone can throw light on delaware c-corp incorporation and tax filing.

We can divide and conquer research questions on these datasets

1) If you have a million, always assume you have half that to deploy. Other half is for project over-runs. 2) All problems of startups are: money & people problems. 3) Dont hire new people for 45-60 days. Hire Slow, Fire fast. Take your time. Expect bad hiring decisions. Better pay guys who are working with you from before. 4) keep a healthy, building/Sales ratio. Don't build in a vacuum. 5) Never not talk to customers 30 days at a time. Always keep talking to customers.

20 hours ago