Re:Y Combinator Traded Prestige for Growth
by kovezd on Monday September 30, 2024 @11:36PM
(#41704422)
+1 any feedback that is not based in data, I dismiss it as anecdotal. Congratulations on your success.
Re:Y Combinator Traded Prestige for Growth
by fakedang on Tuesday October 01, 2024 @04:14PM
(#41713595)
> Everyone is entitled to their opinion but we are already at 10m valuation and AI in ecommerce doesn't really have 100m cap.
Or so you think. Keep going at it! Chatting with a lot of enterprise retailers for my startup (not in AI for e-commerce), but there's a shit ton of stuff where AI in e-commerce can help imo.
YC would be stupid if they dismissed your startup on valuation grounds - enterprise retail can't be arsed with this AI debauchery directly but would gladly pay for the privilege of claiming to use AI.
My controversial opinion is that they should stop giving feedback. "Tis better to be silent and be thought a fool, than to speak and remove all doubt."
My startup got rejected because "valuation is unlikely to cross 100 million". Everyone is entitled to their opinion but we are already at 10m valuation and AI in ecommerce doesn't really have 100m cap.
Most of the founders on reddit and discord take the YC feedback as gospel and give up/pivot when its absolutely the last thing they should be doing. Unfortunately we will always have this power imbalance between VC and startups