Recommend a Founder for YC

Re:Recommend a Founder for YC by dlo on Wednesday February 08, 2017 @02:53PM (#13601444)

Sorry for the terse reply. I only have time for a short reply.

There are two ways of thinking about a problem. And they both are important:

1) Why wouldn't this work? 2) How can we make it work?

When you get funding, it's mostly about 1 and not so much about 2.

I am not sure that Instagram would have survived receiving funding.

https://backchannel.com/why-instagram-worked-45dbfeaa37c8#.1...

Another aspect of it that I don't really want to go into right now... when an outsider looks at your company, they don't really understand what's going on. But they do have a bunch of rules of thumb that they like. They may or may not apply to your company. But in their minds, you're a bad company if you do not adhere to them.

VCs admit to thinking this way. They call it "pattern matching."

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Re:Recommend a Founder for YC by the_watcher on Wednesday February 08, 2017 @04:40PM (#13602411)

Instagram was VC-backed, raising nearly $60M.

https://www.crunchbase.com/organization/instagram#/entity

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Re:Recommend a Founder for YC by dlo on Wednesday February 08, 2017 @07:36PM (#13603593)

Yeah. Agreed. In case you missed it, I retracted my statement in a follow-up reply.

Some modification to my earlier statement is accurate. :-) Unfortunately, I don't have time right now to iterate on it. If you're interested, you'll have to discover it yourself.

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Re:Recommend a Founder for YC by dlo on Wednesday February 08, 2017 @02:57PM (#13601480)

Actually, it is not true that Instagram had not received funding at the time the story took place. I am referring more to typical pressures, some of which founders place on themselves.

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