[HN Gopher] Today is Y Combinator's 17th birthday
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       Today is Y Combinator's 17th birthday
        
       Author : ElectronShak
       Score  : 371 points
       Date   : 2022-03-12 09:37 UTC (13 hours ago)
        
 (HTM) web link (twitter.com)
 (TXT) w3m dump (twitter.com)
        
       | redstarpa wrote:
       | Watching YC grow over the years has changed (good and bad)
       | everything we touch, see, hear and taste was bc of the 'YC
       | effect'.. directly and indirectly. From myself 7x applicant to
       | getting in YC SUS F19 to meeting /connecting with 100s of
       | founders from around the world thru YC.
       | 
       | To me it's the best community in the world to share ideas,
       | knowledge, make friends and collaborate. Rarely, a community this
       | unique can sway a market in under a Twitter minute.
       | 
       | You if haven't applied, please do. not once but everytime you
       | can. Your idea you have in your head right now, can change
       | humanity's outcome.. maybe it's a cure for cancer or the next do-
       | dad we'll buy at Target. Just apply and see what happens..
       | 
       | Yeah it's disheartening to get that email, the same one I got 7
       | times. But understand, they're watching each of us to who tweet
       | out our ideas, our dreams.. You'll never know who'll email you
       | out of the blue to apply (I've heard a few stories Abt this).
       | 
       | Here's what I'm doing to change #rideshare for the better.
       | 
       | https://Fure.Cab - Where the world gets free rides.(tm)
       | 
       | Rudy Ferraz- founder/biz dev, deaf family man, who likes cars,
       | tech, dance, music, and the stars. linkedin.com/in/rudyferraz,
       | Rudyferraz.com, Twitter- @rudyferraz
       | 
       | Roby Devassy- founder/tech, family man who likes tech, sports and
       | quiet time. linkedin.com/in/robertdevassy
       | 
       | https://fure.cab/ Driver Wait list
       | -http://bit.ly/FUREDriversSignupWaitList - 700k signups Riders
       | Wait list -http://bit.ly/FURERidersWaitList -100k signups
       | YCombinator - https://www.startupschool.org/users/A5GA-06GE9h4Qw
       | Twitter - https://twitter.com/furecab Angel -
       | https://angel.co/company/fure-cab (RUV info DM us) r/ -
       | https://www.reddit.com/r/fure_rideshare/ CrunchBase -
       | https://www.crunchbase.com/organization/fure
       | 
       | YouTube: https://youtu.be/gdsbp_jID7M
       | https://youtu.be/S898LDdDSnQ https://youtu.be/4TGIRhS9fVg
        
       | usednet wrote:
       | Almost an adult!
        
       | onion2k wrote:
       | YC has been instrumental in some _incredible_ successes. It 's
       | been very cool to see people I know go through the accelerator,
       | scale up, and eventually exit. Long may it continue.
        
       | andygcook wrote:
       | For anyone curious, this is the general area PG screenshot for
       | the map: https://www.google.com/maps/@42.3815449,-71.1244449,16z
       | 
       | This is about a ten minute walk from Harvard Square near an area
       | known as the Radcliffe Quandrangle.
        
       | 9wzYQbTYsAIc wrote:
       | Happy Birthday!
        
       | torotonnato wrote:
       | Happy 0x11, see you at 0x111
        
         | giovannibonetti wrote:
         | "See you" doesn't apply here. All of us will be dead in 160
         | years
        
           | CPLX wrote:
           | All but one.
        
             | DonHopkins wrote:
             | Oh, I don't believe dang's the only bot here!
        
           | torotonnato wrote:
           | I bet a San Junipero-style mind upload startup will happen
           | here well before 256 years have passed
        
           | mensetmanusman wrote:
           | We are hoping for a YC year that solves that issue :)
        
           | merrvk wrote:
           | Bet you're fun at parties
        
       | makach wrote:
       | Happy birthyday, YC!
        
       | whitesilhouette wrote:
       | Happy birthday
        
       | mybbor wrote:
       | YC has been an invaluable resource for me.
       | 
       | An acquaintance was in the 3rd batch of founders and turned me on
       | to the ecosystem and community here. Around that time, I was a
       | few years out of high school and working for minimum wage at a
       | pizza shop.
       | 
       | I was experimenting with web design, making a few extra dollars
       | running google ads on phpBB forums, and learning to code in the
       | process. I never realized my geeky side could translate into
       | something entrepreneurial until I started spending time here.
       | Tracking the progress of my friend and this community planted a
       | seed that turned into a dream of someday being a founder.
       | 
       | Today, my two business partners and I have been running a
       | successful software business for almost a decade. We were
       | distributed before it was mainstream. We're in the WordPress
       | space and have a team of 20+ people all over the globe. I've had
       | the opportunity to travel, meet investors, smoke cigars with
       | business heroes, sleep in if I want to, and enjoy an exciting and
       | fulfilling life.
       | 
       | I still find myself regularly googling about issues that arise in
       | my company with "hacker news" appended to the end of the query.
       | The stories here helped us navigate a very stressful M&A process
       | and countless other "business stuff" hurdles that we encountered
       | over the years (ie business insurance "hacker news").
       | 
       | YC provided me with direction and inspiration when I was
       | floundering around in my early years. The simple ideas that you
       | don't need an MBA to start a business and being an odd duck is a
       | valuable entrepreneurial trait were life-changing. The community
       | and discussions here are where I come to learn and be inspired. I
       | sincerely hope it continues to be that for myself and others for
       | many more years to come.
       | 
       | Thanks YC!
        
       | lquist wrote:
       | I was rejected by YC and still point to them (namely, the combo
       | of PG's essays and HN comment wisdom) as the greatest single
       | source of startup advice as I've built a company in the 9-10
       | figure range. Thank you YC! You have done so much for the startup
       | community!
        
       | [deleted]
        
       | ArtWomb wrote:
       | YC SUS Winter 2020 alum (enjoying the current "build sprint").
       | Discovering new startup wisdom everday. Here's to YC's next 17
       | years, and what 2040 will bring ;)
        
       | gunapologist99 wrote:
       | I love YC.
       | 
       | Even though I'd never apply and thus never get in because of _my_
       | preconceived notions about _YC 's_ preconceived notions (too
       | "old"?, proud Dad of a bunch of homeschooled kids, mostly solo
       | founder (well, I've got kids who code!), building a social/chat
       | app way outside of the Bay area echo chamber, and not toeing any
       | particular political lines (hey, I'm a coder so I'm allowed to
       | recursively nest parens -- don't tread on me), and even if I'm
       | doxing myself a bit with this comment!), YC and PG (through his
       | essays, Hackers and Painters, and his genuinely kind and sincere
       | approach to everything, even with people who are on the opposite
       | side of the political aisle, like me) have taught me _so_ much
       | about how to be a force for good in this strange and weird world.
       | 
       | PG seems to truly live out Jesus' wisdom and the Golden Rule. He
       | wisely avoids getting dragged into political discussions, and the
       | HN moderators wisely steer even very wild discussions away from
       | flame wars. For my next act, I'd like to build a social app that
       | scales up the same sort of non-partisan (or multi-partisan!)
       | active, intelligent discourse that occurs here, even if there
       | are, sadly, very few dang's in the world.
       | 
       | I would like to say a very, very warm and very sincere _thank
       | you_ to pg, dang, and the rest of the YC team who make it
       | possible to still have a civil, mostly uncensored, and wide-
       | ranging conversation, and has helped so many great startups get
       | off the ground, both inside _and_ outside of YC with things like
       | the SAFE and the startup-school opened to all, proving to VC 's
       | how things can and should be done, and just pursuing the most
       | interesting startups, period. If I truly thought I had a chance
       | given my coloring so far outside the SF political lines, I'd
       | apply in a heartbeat!
       | 
       | Much love from someone deep in the heart of Texas. Keep up the
       | incredibly awesome work.
        
         | me_me_mu_mu wrote:
         | Good luck bro
        
           | gunapologist99 wrote:
           | Not sure if you're joking, but I'll take it. ;) Need every
           | bit of luck I can get!
        
             | me_me_mu_mu wrote:
             | Not joking. I'm also working on a social app, and I think
             | it's great when I hear other tinkerers speak about their
             | passionate work.
        
         | Dma54rhs wrote:
         | PG has expressed on Twitter multiple times he loathes the HN
         | culture and always angry Californians. Probably that is why he
         | stopped posting here as well, at least under his name.
        
           | [deleted]
        
           | [deleted]
        
         | jedwhite wrote:
         | If you're making something people want, just have a go and
         | apply. YC says it outright in their motto. That's really all
         | that matters.
         | 
         | The application itself can help your own thinking about what
         | you're building, so it's worth doing just for that.
         | 
         | Great products come from all sorts of unconventional
         | backgrounds, precisely because the people who made them were
         | from an unexpected background. Some of the best new ideas come
         | from the need to solve a problem that mainstream products don't
         | cover, or from an insight that someone in the mainstream would
         | never have.
         | 
         | Airbnb's founders weren't conventional startup founders. They
         | were struggling and needed to pay their rent.
         | 
         | Also, 1000% agree on the sentiment and thanks to YC for the
         | community here. HN is one of the blessings of the current day
         | web.
        
           | [deleted]
        
           | jedwhite wrote:
           | PS there is a section in this talk by Dalton Caldwell from YC
           | on 'how to create luck' (in the context of applying to YC).
           | It's really great on just this topic:
           | 
           | https://www.ycombinator.com/library/6t-how-to-apply-and-
           | succ...
           | 
           | There's also a separate short talk on creating luck that has
           | an interesting story about how Brex started, and also about
           | how sometimes you need an "outsider's philosophy":
           | 
           | https://www.youtube.com/watch?v=NmEyx9TEkRw
           | 
           | These helped my thinking. The application is a helpful way to
           | think about your startup even if you don't submit it. And
           | once it's done, you might as well submit anyway :)
           | 
           | Good luck!
        
             | gunapologist99 wrote:
             | This is awesome -- thank you Jed! Now I'm really seriously
             | considering it!
        
               | jedwhite wrote:
               | Yeah, just do it! Good luck with applying, and with
               | building your startup. If I can ever help with feedback,
               | or anything else, just reach out (details on my profile
               | here).
               | 
               | Also, check out YC Startup School. That's where the video
               | was from. It really helped our startup, it has great
               | resources, and a really friendly and encouraging
               | community to get feedback on what you're building.
               | 
               | https://www.startupschool.org/
        
       | robfitz wrote:
       | I got into the fifth batch (s07) and remember my other startup
       | friends staging an intervention to dissuade me from accepting
       | because "the valuation is really bad."
       | 
       | Interesting to see how long even the industry insiders failed to
       | take YC seriously. And then once it was working, they flipped
       | immediately to complaining that YC was too powerful and too
       | influential (unbeatable network effect, seed/A valuation
       | inflation, and so on).
       | 
       | I also remember the constant naysaying about scalability and
       | batch size. Our batch was ~19 companies. People kept naysaying,
       | "Well this model is fine for now, but it will never work past 20
       | teams."
       | 
       | PG would always reply with something like, "Yeah, they said that
       | when we had fewer than 10 teams also. We aren't thinking too far
       | ahead; each batch, we just find the next bottleneck and solve it,
       | and we'll see how far that gets us." Which evidently got them
       | pretty far. A lovely example of doing things that don't scale.
        
         | enra wrote:
         | I was in the S12 batch "the batch that killed the YC model"
         | with 80+ teams I think. After that they switched to the group
         | model where the batch is divided in to groups and each group
         | has specific partners. In our batch is was definitely
         | challenging when you often got a randomly assigned partner each
         | week and most of the time they didn't know who you are or what
         | you do. However, Coinbase, Instagram, Zapier etc came out of
         | that batch.
         | 
         | For me as first time founder YC was super helpful and they
         | really drill the right kind of mindset for you. Build product,
         | talk to users. The stuff they tell you is often very simple but
         | I think lot of founders naturally complicate the startup
         | building and focus on the wrong things because they think thats
         | what should do. YC cuts through all the bs and just makes you
         | focus on the few actually important things
        
           | edouard-harris wrote:
           | > However, Coinbase, Instagram, Zapier etc came out of that
           | batch.
           | 
           | (By Instagram, I imagine you meant Instacart?)
        
             | dsugarman wrote:
             | Yes Instacart, although Kevin Systrom did visit us for one
             | of the weekly YC dinners to share his wild startup story.
             | 
             | Easily the most memorable summer of my life. I agree that
             | even though we were told everything was falling apart at
             | our batch size, it was arguably the best batch of YC, there
             | was some real magic.
        
         | codingdave wrote:
         | Your success and the success of YC doesn't make your friends
         | wrong. YC has improved over time, both in valuations and
         | processes. Even today, it is not perfect, and there is a
         | significant survivorship bias used to describe its success as
         | the unicorns are called out, but I don't hear much talk about
         | how all the founders do - what is the median result of all YC
         | companies, for example? (I honestly don't know that answer... I
         | would love to see it because don't see such overall stats.)
         | 
         | YC absolutely has accomplished something, as have some of its
         | companies. I don't want to be dismissive of that. But we should
         | acknowledge that it embraces and encourages the high-risk/high-
         | reward model, which should be entered into with open eyes.
        
           | nxmnxm99 wrote:
           | What? The entire industry of venture capital is based on a
           | tiny percentage of companies absolutely exploding. The point
           | is, compared to everyone else, YC does it much better - the
           | gulf between YC (which is on track to have multiple $100b
           | portfolio companies) and second place accelerators like
           | Techstars (who have, at best, a couple of single digit
           | unicorns) is astronomical.
        
             | codingdave wrote:
             | > The entire industry of venture capital is based on a tiny
             | percentage of companies absolutely exploding.
             | 
             | Exactly. Which means the risk level to founders is high.
             | Because it is a roulette wheel where the VCs are the house,
             | and the founders are the gamblers. With TechStars vs. YC
             | being akin to the difference of the wheel having one zero
             | or two. Founders are still gambling... even if YC gives
             | better odds than others.
             | 
             | Again, VC has it place, as does YC. I'm not saying nobody
             | should do it - I'm saying they should do it as a fully
             | informed decision.
        
               | [deleted]
        
               | nilsbunger wrote:
               | This is very wrong. VCs don't control the game at all and
               | their economics come from the few huge outcomes where
               | founders also have a life changing outcome. Also,
               | gambling has a negative expected value, while a good team
               | starting a company has a positive expected value.
               | 
               | Startups are a high risk game but no one says you have to
               | play it.
        
           | yaseer wrote:
           | > we should acknowledge that it embraces and encourages the
           | high-risk/high-reward model, which should be entered into
           | with open eyes
           | 
           | We were W21. I would argue one of YC's main goals is to
           | reduce the risk to founders, and enable starting startup more
           | accessible to those with the right skills, regardless of
           | circumstance.
           | 
           | Getting into YC guarantees a certain minimum amount of
           | funding and essential support, which not everyone outside SV
           | has access to. It's commonplace to see people quit high
           | paying jobs, and start businesses whilst married with
           | children (the old narrative of 20-something male dropout is
           | no longer the norm). This all happens because YC creates a
           | platform that reduces risk for founders.
        
       | askura wrote:
       | Congrats to the team. It's proven itself beyond useful time and
       | time again.
        
       | foxhop wrote:
        
       | [deleted]
        
       | 21723 wrote:
       | It's almost too old for itself.
        
       | kobejean wrote:
       | Congrats!
        
       | [deleted]
        
       | dgellow wrote:
       | Congrats to everybody contributing to YCombinator and HN success
       | :)
        
       | cosmiccatnap wrote:
        
       | motohagiography wrote:
       | Happy birthday, and thank you. Even though I have a bit of an HN
       | addiction, it has helped me sound out _a lot_ of different ideas
       | and put them up for challenge in a way that would not been
       | possible otherwise, and doing startup school in  '18 was a
       | significant personal and professional turning point. It's not
       | just startups, users, and customers, you've enriched a lot of
       | lives.
       | 
       | 17 years seems like a long time, but looking back, it's not, and
       | it's an example of how much all these things can grow. Cheers to
       | another 17 years of finding and making things people want.
        
       | systemvoltage wrote:
       | What a badass organization. Congrats!
        
       | fuckycombinator wrote:
        
       | tickerticker wrote:
       | Happy birthday!
       | 
       | When I was 17, I: (a) was immortal (b) knew everything (c) had
       | boundless energy (d) was out to change the world (e) did not know
       | myself.
       | 
       | Fifty years later, I am * finite * humble * energetic in spurts *
       | want to teach and encourage * still learning about myself.
       | 
       | Y Combinator, my best BD wish is that all your mistakes will be
       | instructive. <3
        
       | noduerme wrote:
       | Jeez, I feel old.
        
         | thatwasunusual wrote:
         | I _am_ old! :(
        
       | tus666 wrote:
       | When did this comment board start out of interest?
        
         | helsinkiandrew wrote:
         | https://news.ycombinator.com/front?day=2007-02-19&p=1
        
           | Semaphor wrote:
           | Nope ;)
           | 
           | https://news.ycombinator.com/front?day=2006-10-09
        
             | mkr-hn wrote:
             | Classic off-by-four error.
        
             | imrehg wrote:
             | Confirmed by moving the date back by one day as well :)
             | https://news.ycombinator.com/front?day=2006-10-08
        
         | [deleted]
        
         | tmvnty wrote:
         | 09 Oct 2006, and you can view the top posts from everyday at
         | https://hnhd.io/
        
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       (page generated 2022-03-12 23:00 UTC)