Re:Reverse YC funding program. PG, what's your thought?
by JohnN on Wednesday August 01, 2007 @11:38AM
(#38383)
actually, I believe kulveer and harj (boso now auctomatic) applied with no technical skills and got accepted. they have now hooked up with pat collinson etc.
Re:Reverse YC funding program. PG, what's your thought?
by rokhayakebe on Tuesday July 31, 2007 @03:54PM
(#38086)
So you are telling me that if you find someone who gave away 5 % of his stock to get an alpha product out, asuming you like the idea, you still would not consider being a cofounder to his startup ?
The way startups are made today is almost the same
1.have a unique idea
2. Work hard at building the alpha and demo it
3. Get funded and grow it. Etc....
All I want is to have step 1.5 get someone who understand your vision to help you build the alpha.
Re:Reverse YC funding program. PG, what's your thought?
by Goladus on Tuesday July 31, 2007 @06:50PM
(#38193)
I'm saying that Y Combinator is a very small number of people providing startup and venture capital mentoring to a correspondingly large number of bright young people (not all of whom are technical). I'm saying that if you tried to take a similarly small number of technical experts to support a similarly large number of fledgling companies, it probably wouldn't work.
I'm not saying you have a bad idea, but it's an important question and "hiring programmers" isn't really a good answer. If I was a good hacker, and I could take 6% from 30 little companies and do all their coding in 3 months, that might be fun and profitable. I think the chances of you finding someone that capable and willing to take the risk are slim, is all.
Realize also that Y Combinator doesn't discriminate against non-technical people, except that the applying company has to have at least one technical founder.