News for hackers. Stuff that matters.
Re:Balsamiq hits $100,000 in revenue by mace on Friday November 14, 2008 @01:27PM (#364601)
I think the important criteria it takes to build a successful startup:

  1. Make something people
  2. Lots of hard work
sometimes gets lost within the criteria investors (e.g. YC) look for before funding a startup.
Re:Balsamiq hits $100,000 in revenue by boucher on Friday November 14, 2008 @04:29PM (#364817)
I'm not sure what you're trying to say. You seem to be saying that investors won't fund companies that both make something people (want), and who work hard, and implying that YC also has that problem.

But, YC is almost always investing in companies that have yet to make anything. Their entire business plan is about trying to predict which founders will have these two qualities.

Re:Balsamiq hits $100,000 in revenue by teej on Saturday November 15, 2008 @07:21PM (#365638)
Not a full rebuttal, but just a point to make: How many "founders" does Balsamiq have? 1. How many single founder startups does YCombinator fund?
Re:Balsamiq hits $100,000 in revenue by boucher on Monday November 17, 2008 @01:29AM (#366641)
More than you think. I know of at least three. Counter-argument is, how many single founder companies do you know that are successful?