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comment
sharpshoot
1,174,642,794
pg, so if in 2 months news.ycombinator had a 20% chance of making you rich, whats the lowest offer you'd take? :) jokes
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paul
1,174,641,212
Yes, absolutely you should try to improve the odds. I hope it doesn't seem like I'm suggesting that we should be completely random. My point is more that new things are all inherently risky -- I had very legitimate reasons for thinking that Google would fail, for example.<p>As you say, this is about taking calculated r...
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staunch
1,174,630,329
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http://web.archive.org/web/19961121230735/www.viaweb.com/pricing.html
1
Viaweb Subscription Pricing Page from 1996
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0
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brett
1,174,643,014
"You should never plan on being acquired. Remember that getting bought for $1.65B (or even $5M) just isn't likely for 99.9% of web apps. Profitability should be your #1 goal."<p>A variation of this comes up all the time, and I would claim that it means he's not really talking about startups. At least not in the Paul Gr...
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sharpshoot
1,174,643,496
such a duplicate posting. already had this a while back, but for those that missed it - watch it again and again
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volida
1,174,645,563
true
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veritas
1,174,649,439
I looked at their site (Slingshot) and although the framework seems interesting, there's a catch. To use it free you have to host on their "Joyent Accelerators." Bah... no thanks. I'll just Apollo or XUL.
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veritas
1,174,649,308
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[ 5911 ]
http://www.techcrunch.com/2007/03/23/here-comes-competition-apollo/
3
Apollo's Competition
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volida
1,174,645,621
true
5,794
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volida
1,174,645,932
There is another thread, a debate why MySpace is so "ugly" contrary to Virb <a href="http://news.ycombinator.com/comments?id=5802">http://news.ycombinator.com/comments?id=5802</a><p>I believe its not about looks as its about UI. If the end-user experience is bad, then the looks will be ignored in an instant. If the UI ...
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ralph
1,174,651,853
Good points, but I'd urge paying off the mortgage before (4). Paying it off twenty years early saves a wad in the long run. And not having mortgage payments as a recurring monthly drain makes (4) easier.
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ralph
1,174,652,049
Any takers? I'm not after names, but numbers.
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veritas
1,174,655,870
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[ 5941, 6009 ]
http://www.emomsathome.com/blog/2007/03/22/8-ways-to-get-venture-capital-attention-from-guy-kawasaki/
8
8 Ways to get VC attention from Guy Kawasaki
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2
5,912
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story
sharpshoot
1,174,650,157
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http://joyeur.com/2007/03/22/joyent-slingshot
5
Joyent Slingshot: Allows you to port rails applications which converge between the web and the desktop
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0
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sethjohn
1,174,656,448
I wonder if there's going to be a change in traffic (# or composition) at the end of the YC application process.
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dpapathanasiou
1,174,656,816
It feels like the "Truman Show", except the lead character knows he's being watched.
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JMiao
1,174,643,843
Let's just settle this and agree that quality music production has become more accessible.
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dpapathanasiou
1,174,657,128
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http://blog.tomevslin.com/2005/06/morph_of_a_nerd.html
2
Yuk, Selling (Fractals of Change/Nerd CEO blog)
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0
5,918
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story
e1ven
1,174,657,118
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http://daringfireball.net/2007/03/logomaid_rip_off
3
LogoStore rips off Logo design, then claims they made it in the first place.
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0
5,921
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ced
1,174,659,474
70K net, if the alternative is a 20% chance of getting rich after a couple of years. 70K is below YC's average initial valuation, as I understand it. I wonder how much it would bother them... 70K is enough to live like a student for 10 years in a low-cost region, to learn and work on just about anything.
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danw
1,174,659,987
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http://newteevee.com/2007/03/23/mossberg-should-lead-copyright-fight/
2
Mossberg Should Lead Copyright Fight
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0
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story
dpapathanasiou
1,174,657,179
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http://blog.tomevslin.com/2005/05/morph_of_a_nerd.html
1
Starting as a Sole Practitioner
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0
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juwo
1,174,660,759
What amuses me about all these books is that they showcase a group of over-brainy already-successful people, and then sell these books to the rest of us averagers. Telling us we can do it too. And we lap it all up, not seeing the gaps. <p>You know what would really succeed? Finding out how an averager can achieve break...
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eser
1,174,661,141
It turns out that a large percentage of people who visited eser.org were getting error 500's.<p>I just now fixed this bug.<p>I had written my own single-process event-driven HTTP server using Linux epoll, and my code improperly handled a boundary case where the HTTP request header was split up amongst more than one rea...
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jamescoops
1,174,661,245
thanks - it seems quite complex - what time period to vest over, how to do the contracts.
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rfrey
1,174,662,360
I second Paul's recommendation to read Taleb's Fooled by Randomness; however, one should be aware that Taleb has been on "sabbatical" from his fund for well over a year. His analysis was good, but the markets apparently didn't read his book and he went under.
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rfrey
1,174,662,563
I didn't mean to suggest that there are no programmers who can do good design -- I'm sure there are many. I suspect that most programmers (like most bus drivers, or most doctors) aren't good designers, though. But unlike bus drivers or doctors, programmers are often pressed into design work: sometimes by their boss, ...
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immad
1,174,662,120
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[ 5927 ]
http://sethgodin.typepad.com/seths_blog/2007/03/purple_cow_redu.html
3
Purple Cow Redux
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rfrey
1,174,662,199
Another way of looking at this (actually just a rephrasing of what you've said) is that the mathematical expectation of a strategy is the sum of (the profit of each event multiplied by the probability of it happening.) That is<p>expec = sum(prob(x)<i>x)<p>For an $ investment, $expect = sum(prob(x)</i>x - invest(x))<p>...
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immad
1,174,662,186
Fascinating story. Really liking interesting marketing / distribution strategies now days.
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dawie
1,174,665,612
Someone I work with just got back from a Gardner conference on Portals. Apparently they discussed Blogs, Wikis and the Social Web heavily. At one of the sessions someone apparently mentioned that people should watch out for developers that call themselfs Web 2.0 developers. I pride myself being a web 2.0 developer and ...
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rfrey
1,174,666,810
Users always pay for software. And I don't mean in some abstract, "pay with screen real-estate" way - they pay with dollars.<p>Advertising models will result in users paying more for the advertisers' products, either by increasing volume or tolerating an increased price. If it does not, the advertisers will stop adve...
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juwo
1,174,664,693
thank you!
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chandrab
1,174,667,355
Guys, when formulating your magic number in your head, not forget to include taxes...that's up to 50% gone right there. So your $1M is now $500K. I speak from experience on this. It's a good story over a beer.<p>btw - Did you know the SEC is going to pass a rule that no longer considers people with $1M in assets "ric...
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dawie
1,174,665,446
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[ 5933, 5996 ]
1
What is a web 2.0 developer?
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domp
1,174,667,418
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http://money.cnn.com/magazines/business2/business2_archive/2007/03/01/8401031/index.htm?postversion=2007022808
4
Startup failure can be good?
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farmer
1,174,666,114
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http://www.taylor.se/reddit.html
1
Top 10 things 10 years of professional software development taught me
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farmer
1,174,666,189
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http://www.smashingmagazine.com/2007/03/22/google-adsense-facts-faqs-and-tools/
1
Google AdSense: Facts, FAQs and Tools
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carefreeliving
1,174,667,706
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[ 5970, 5950, 5954, 5946, 5947, 5945, 5990, 5985, 5960, 6066, 6622 ]
http://onstartups.com/home/tabid/3339/bid/1319/Why-Combinator-Should-You-Join-Paul-Graham-s-Gang-For-The-Gifted.aspx
16
Why Combinator? Should You Join Paul Graham's Gang For The Gifted?
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juwo
1,174,667,687
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[ 5952, 5959, 5961 ]
http://juwo-works.blogspot.com/2007/03/idea-team-matchmaking-shore-is-getting_22.html
4
For news.YC. idea-team matchmaking. The shore is crowded; get into the boats!
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story
brb1977
1,174,669,672
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http://themicrobusinessexperiment.blogspot.com/2007/03/coding-by-dogma.html
1
Coding By Dogma
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nickb
1,174,668,061
Hmm... read some links in the comments too. <a href="http://valleywag.com/tech/venture-capital/the-curse-of-guy-kawasaki-230871.php">http://valleywag.com/tech/venture-capital/the-curse-of-guy-kawasaki-230871.php</a>
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far33d
1,174,670,006
You guessed right
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Alex3917
1,174,671,797
"I think YC leans a bit too heavily towards the 'build it and they will come' model and for inexperienced entrepreneurs (just about all of the YC founders), this can distort reality."<p>MSPW != field of dreams.<p>What YC actually says is that MSPW is more important than monetization.
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[ 5948, 6041 ]
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e1ven
1,174,672,105
I do agree that one of the great things that YC brings to the table are early users, who are willing to try thing sout and point out the problems.<p>The people who are spending time following YC companies are the ones who are more likely to give the site a shot- They're also often people who CARE about UI, Ease of use,...
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herdrick
1,174,671,211
"7. Projects vs. Businesses: Personally, I think YC is... not really concerned with selecting what may... become "real" companies... I think YC leans a bit too heavily towards the "build it and they will come" model..."<p>I'm not sure he understands the YCs' insight that startups with lots of happy users almost always ...
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dshah
1,174,673,090
Well, I could argue (and will) that the two are not mutually exclusive. Startups that think at least a wee bit about how to build a business may earn themselves more runway and hence have higher chances of ultimately building something users will love.
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pg
1,174,672,588
or more precisely, harder
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far33d
1,174,670,171
There are lots of super intelligent, but dissatisfied, hackers that work at 500+ employee companies in the bay. However, they have a different problem. Somehow you have to convince them to ditch the gold-plated handcuffs and take a big risk to do something with you. This is hard, but maybe not as hard as breaking into ...
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volida
1,174,673,890
"Teams vs. Individuals: YC leans strongly towards selecting startups that two or more founders. I'm a strong advocate of this myself as I believe that having two or more founders in an early-stage startup significantly improves the chances of success. By explicitly stating this requirement, YC forces early-stage entrep...
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[ 5951, 5953 ]
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dshah
1,174,674,515
As the writer, I'll take full responsibility. Apologies if my attitude seems overly harsh (not intended to be).<p>Also, here's a direct quote from Paul Graham:<p>"This is one reason Y Combinator has a rule against investing in startups with only one founder. Practically every successful company has at least two. And b...
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joshwa
1,174,675,265
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[ 6027 ]
http://www.startupping.com/forums/showthread.php?t=207
4
How Do I Compete With *THAT*? - Interesting discussion thread
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zaidf
1,174,674,620
All these folks are missing the bigger picture: the launch of a stereotypical web2.0 website by a couple 20 year olds is only the BEGINNING.<p>Chances are if some kid launched a web2.0 mashup at 20, at 25 he would be bored and paying with more mature ideas(which some could argue isn't inherently a better thing).
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zach
1,174,675,150
Gang for the gifted? I kinda thought of Y Combinator as a School of Rock for web entrepreneurs. ("One great website can change the world!")
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staunch
1,174,675,082
<i>"I don't really like the writer's attitude attacking his readers -- am I the only one here?"</i><p>Surely you're being a bit sensitive because this topic hits so close to home. Try not being so defensive, sometimes the last thing you want to hear is just what you need.<p>You may be discouraged, but I don't think he'...
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dfranke
1,174,675,357
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[ 5958 ]
2
Question for YC Applicants: What's the lowest offer you'd take after *zero* months?
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joshwa
1,174,675,439
been done: <p><a href="http://www.readwriteweb.com/archives/crowdsourcing_million_heads.php">http://www.readwriteweb.com/archives/crowdsourcing_million_heads.php</a>
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paul
1,174,675,281
Where do get that info about Taleb? I searched around a bit, and while there seems to be a lot of speculation, I couldn't find any real evidence that his fund ran into trouble.<p>An older version of his web page (cached on Google) says that he's done with his sabbatical and book writing (new book out next month) and ba...
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dfranke
1,174,675,389
The discussion in the "What's the lowest offer you'd take" thread gave me an interesting idea for a related question:<p>Suppose you've just been accepted to the SFP. In addition, you have someone else offering each founder $N to turn down YC and abandon the startup. You're allowed to go straight on to starting some o...
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dfranke
1,174,680,776
Yes, you've missed the point.<p>I'm not asking how much you'd have to be paid to throw away that experience forever. My answer to that question would be a lot more than $350k. I'm just asking how much you'd have to be paid to throw away your current progress and roll the dice again. If you're confident in your abili...
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davidrodgers
1,174,676,208
And burn them when you get there!
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staunch
1,174,675,542
<i>"I think there's some value to actually thinking about business models earlier in the process. Simply identifying market opportunity (i.e. how do you make money)"</i><p>I think at least it's a valuable exercise to imagine that you're not going to have a free version of your product. Imagine that you're actually <i>s...
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far33d
1,174,676,731
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http://venturebeat.com/2007/03/23/buyout-firm-blackstone-files-for-brazen-4-billion-ipo/
2
Private Equity Goes Public
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far33d
1,174,676,887
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[ 6020, 5974, 5965 ]
http://scobleizer.com/2007/03/22/apple-tv-rocks/
5
Apple TV rocks
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volida
1,174,677,975
a)the use of "explicitly": means absolutely--categorically <p>"there's a problem with finding a co-founder, that's an early signal of a problem (either with the founder or the idea or both)," <p>b) the fact that YC states they funded single founders is contrary to what you refer to<p>I never said that is not better to...
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pg
1,174,678,197
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[ 5988, 5977, 5992, 6262, 6014, 5986 ]
http://www.techcrunch.com/2007/03/23/what-we-know-so-far-about-newtube-isnt-good/
6
Dear Clown Co.: Name This Thing Fast Before It's Too Late
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far33d
1,174,677,021
This makes all the hoopla around video sharing sites more urgent. The more easily web video gets off the PC and onto your normal TV, the more people will watch during non-work hours, and the longer the format can become (at work, you watch youtube clips, not 30 minute shows, and only nerds watch TV in front of a comput...
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dageroth
1,174,676,752
Hmm, I think with that argumentation you'd get a slippery slope argument. "If you take 19 Million Dollars, would you say "no" to 18999999$ ?" Of course not, and this argument can be continued. Therefore the value one can state is surely one that gives a rough sense of the amount of money that one would take for the com...
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dageroth
1,174,677,415
I'd say that not the amount of time spent on the development of the software is the crucial question but the expected earnings. If the idea is really novel or promising and the expected revenue huge than an investor is paying for the idea and probably the team and not for the work done in these three months. If the tea...
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dshah
1,174,677,764
I must be missing it. To help me understand the error in my ways, can you:<p>a) identify specifically the part where I attacked?<p>b) cite where my position on the issue tried to be a statement of fact that was wrong. <p>Truth is: I do <i>believe</i> (as do many others) that having more than one founder increases o...
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wensing
1,174,677,361
True. But we're not encouraging anyone to go work at those companies just to meet dissatisfied hackers, are we? :-) Incidentally, that's how I met my co-founder--although that's <i>not</i> why I joined the company in the first place (that was because I was needed a job). :-)
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JMiao
1,174,679,527
This is going to be something to watch as media conglomerates don't have a good track record with partnerships, especially with their Hollywood-sized egos playing into name selection.<p>I'm thinking the name is going to resemble that of a puppet company (think MovieLink) trying to be sexy, so it definitely won't contai...
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volida
1,174,677,307
I was honest responding to an honest attack. <p>I can't believe he wasn't aware and expecting single founders would read the article. I accept opinions. I don't accept misrepresentations of opinions.<p>I prefer sounding hard than being silent.<p>circa 2007 "The ideal company would have two or three founders. We'll con...
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pg
1,174,677,834
The "gifted" is a little misleading. We're pretty explicit that we think succeeding in a startup depends more on determination than intelligence. Oddly enough, though, "gang" is on the mark. One of the unexpected consequences of funding large batches of startups is that they form a fairly tough peer-to-peer mesh to ...
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danw
1,174,679,092
What a strange question, perhaps I've missed the point.<p>"If you were accepted to the SFP how much money would it take for you to turn it down?"<p>For me SFP isnt about money, its about the experience. I want to build something great and be a part of a community of people who enjoy doing this. After seeing the YC dinn...
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python_kiss
1,174,679,151
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http://www.smallbusinesshub.com/blog/tabid/6307/bid/1318/Google-As-Dictator-5-Most-Devious-Things-It-Could-Do-If-It-Were-Evil.aspx
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Google As Dictator: 5 Most Devious Things It Could Do, If It Were Evil
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dshah
1,174,678,411
Got it. Fair enough.
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paul
1,174,680,098
I have never met a YC company that wasn't thinking about how to build a business.<p>The key thing to understand is that if problem A is 100 times harder than problem B, and problem A is critical to success, then you should spend a lot of time worrying about problem A. In this case, problem A is building something that ...
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far33d
1,174,680,475
I'll see you at school this w.e. <p>my id @ gmail
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domp
1,174,681,283
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http://venturebeat.com/2007/03/23/voicethread-launches-group-audio-blogging/
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Voicethread: New startup adds audio or text to photo albums
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danielha
1,174,681,188
This is a huge advantage for small startups that I hope others are realizing. As programmers or hardware hackers, we can make something of value to other people but there might be difficulties in selling it to them (not even in the monetary sense, just adoption). The YC funded teams have become a network in itself to h...
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JMiao
1,174,678,617
I agree, but an issue to think about is how would a startup fit into this equation? Venues like AppleTV and XBOX 360 are generally closed, proprietary systems that have some extent of control over what content flows through their pipes.<p>Fareed, I'm so glad to see posts like this as I was starting to think that every...
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rfrey
1,174,681,371
Hi, Paul. Gosh, I can't find a link anywhere either. I didn't realize it was anything but wide open when I wrote that. But I know it's true through personal conversations with several involved parties. Everyone else will have to settle for "I heard from some guy on a forum"... <p>Sorry - next time I'll be more care...
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danielha
1,174,681,507
Dharmesh is a smart guy and I enjoy his blog entries, but I just don't see eye-to-eye with him on #7 (Projects vs. Businesses).<p>We're not business people (most of us); we're just trying to create cool things and subsequently be freed from the shackles of the nine-to-five life. The great thing about Internet entrepren...
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epall
1,174,681,479
I'm struggling with how the pieces shift around. As I'm dragging a piece across the puzzle it messes up everything else I've done. I'd prefer to have it not affect other pieces until I drop it, at which point it swaps places with the piece I drop it on.
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far33d
1,174,681,881
There's nothing to see here. This is not technology. It's not a site. It's not a product. It's just a handshake between a bunch of executives who think that having meetings about innovation is the same as innovation. They're equity partners in an idea. Which we all know isn't actually worth anything.
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pg
1,174,683,227
If only one could buy puts on this thing...
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daliso
1,174,682,872
I think with Internet based companies, it is kind of counterproductive to focus on monetization at an early stage. This is because many innovative web companies tend to change the economics of how people make money in an industry. The best example of this is Google, that is shaking up the software industry by practical...
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domp
1,174,682,247
There is so much buzz around this company and I just don't get it. You can keep everyone up to date on what you do. Don't people already do this with AIM, Myspace, friendster, blogs, etc.? I just don't see a need to know if someone is listening to a Bono track right now. I'd like to get some feedback on some people who...
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domp
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[ 6005, 6075, 5989, 6071, 5998, 6022 ]
6
Why do people think Twitter is so great? I feel like I'm missing something
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nickb
1,174,681,722
This will be a gigantic failure. It will be fun to watch, too... like a giant car accident in slow motion.
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daliso
1,174,683,907
I think users will always pay as little as they possibly can. <p>Advertising models could be seen more as a competitive strategy of companies that have efficient infrastructure to target ads to software users, thus reducing the price of the software for the end user and squeezing out competition. <p>So, I think the les...
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dshah
1,174,683,016
Thanks for the compliment. I've struggled with articulating my position on this issue, and still haven't nailed it yet. Here's another pass:<p>I completely get the fact that projects are not a bad thing. Most of the best businesses actually started out as projects.<p>It makes total sense for me that startups should ...
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rfrey
1,174,683,505
This point of view gets my hackles up. <p>All of the fears surround Google doing something to "punish" people who are not behaving in a Google-profit-optimizing way. But punishment as deterrent (to people using WordPress instead of Blogger for example) only works if everyone knows - otherwise how can they be deterred...
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danielha
1,174,684,723
Do you limit your development to that of the perceived trends, techniques, and standards associated with the "2.0"?<p>If not, just call yourself a web developer. Branding yourself with a buzzword gives the impression that you're just as insubstantial.
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JMiao
1,174,684,669
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http://www.techcrunch.com/2007/03/23/synapselife-taking-ebay-exit/
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SynapseLife Taking eBay Exit (i.e. SynapseLife Taking Exit On eBay)
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JMiao
1,174,684,861
I heard about Twitter about 5 months ago, but this thing seemed to explode after SXSW.
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JMiao
1,174,684,772
All I have to say is that is one awful name.
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JMiao
1,174,684,983
You've got something there.
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ttonca
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http://radar.oreilly.com/archives/2007/03/the_future_of_w_1.html
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The REAL future of web 2.0
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