How can bias enter into advice about which of two ideas to apply to YC with?
If you have a valid startup idea now but know there's another idea you want to work on later, after you get more experience, should you apply to YC now, or later with the other idea? My advice is: apply now, if your idea is solid. It doesn't have to be the last thing you do.
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Agreed
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Agreed. They can always switch/pivot later with the experience.
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I’ve been told more recently about YC in general not to apply unless you’re revenue generating. Would you say I’ve been advised wrong?
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Yes. None of the most successful startups YC has funded were generating significant revenue when they applied.
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Unclear about how much traction you need to get in. What would you say is the proportion of those that get accepted that have traction and those that have co founders and an idea ?
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YC insist they fund ideas, but reality is even if you have an MVP with few customers, they will never give you a chance to prove it YC metric for funding startups is strictly warm intro or products with serious traction there is no internal process to validate great ideas
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Agreed. Rare to find ‘conviction-based’ investors, almost feel like none of them can (or want to) make an early decision on their own. Need to see revenue or other investment interest.
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Any thoughts on angels/early accel programs that are similar to early YC days? Now a days even the ‘pre-seed’ programs are looking for solid revenue, haven’t found anyone that makes decisions based on founders abilities and bootstrapped products in early stages.
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Just apply to YC.
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