Those that didn't get into YC

[keithfin007]

Just throwing this out there - but for those that didn't get into YC - when you find out on the 17th would you lot want to make a big group and build really cool shit to prove YC wrong?

I'm dead serious about this. Let me know.

P.s. I applied to YC but probably won't get in as my product doesn't really fit with what they usually invest in.

 

[kallinyo]

@keithfin007 Not getting in YC changes literally nothing in my desire to build a large company, or continue working on it to prove them wrong. Even if I wanted to stop, I can’t because my product is all I can think about all day long. And besides, I was contacted by TechStars MD and was personally invited to apply for this winter’s batch. So I will be doing that.

 

[olwen]

@kallinyo Same but 20k for 6% is stiff

 

[valentino]

@olwen No way it’s just 20k, that would be robbery

 

[kallinyo]

@olwen 20k upfront for 6%, but with the possibility to get another 100k under many conditions. Look it up here https://www.techstars.com/newsroom/investment-terms

 

[gracefulsongonfire]

@kallinyo Pretty bad deal imo. There’s other accelerators than YC and TS

 

[olwen]

@gracefulsongonfire Yeah as far as Accelerators go that's one of the worse deals