oh well, onward and upward I suppose, can't let something like this knock you down. Like it was said many many times. Everyone who didn't make it, please, by all means, keep moving forward because this is not a death certificate.
Like it was said many many times. Everyone who didn't make it, please, by all means, keep moving forward because this is not a death certificate.
This is an important point. I would hate to think that we might be discouraging any of the startups we didn't invite to interviews. It's not just to make people feel better that we talk in the "no" email about how bad we are at judging startups. It's really true. The single biggest topic of conversation within YC is how we can get better at it.
In fact, as we often find ourselves saying to YC-funded startups when they're looking for their next round, practically all investors suck at judging startups. But we probably do worse than most, because we have to judge so many based on so little information.
I haven't gone looking for specific companies we missed, but there must be some by now considering that we've read thousands of applications and only funded 102 of them.
If startups funded by "YC clones" succeed, those are probably ones we missed, since most people who apply to them apply to us too.
Fail :P
oh well, onward and upward I suppose, can't let something like this knock you down. Like it was said many many times. Everyone who didn't make it, please, by all means, keep moving forward because this is not a death certificate.