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To date, we’ve made 9,000 matches across 4,500 founders. Condensing your personality and life to a set of carefully curated pictures and an eye-catching bio to “match” with strangers is a challenge in of itself. For women, especially, the pressure to appear perfect or attractive on these apps can have adverse effects on their self-esteem and well-being.
- We then show you profiles of candidates that most closely match your ideal co-founder.
- Y Combinator pays approximately 7% in compensation, but you also get capital.
- Y Combinator created a new model for funding early stage startups.
- When Pedro Góes and his cofounders at InEvent first applied to Y Combinator — the super-selective startup accelerator that launched Airbnb, Dropbox, Coinbase, and Instacart — they didn’t get in.
At Arc, she contributes her insights on tech https://LiveSex-LiveJasmine.com recruiting, remote work, and software engineering-related and career-adjacent topics. Congratulations on finishing your nerve-racking YC application! 🎉 The next thing you want to do is to make sure someone else reads over your YC application. By presenting alternative ideas, you’re essentially increasing your chances of getting into YC. If you’re not sure about this, just look at RethinkDB — this is why they exist. Show YC investors that you’re practical and realistic.
How Much Time And Effort Did You Put Into The Application?
At the beginning of the interview they asked us to tell about the project, asked about number free and paying customers. Most of the questions were about dealing with competitors. In the email we also had a short recommendation about how to prepare for an interview. The main thesis – focus on the product, not on the interview. The best indicator of your success – is to show the traction between your application and interview.
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However, being able to show traction will take you to another level. Traction shows investors that your startup idea is viable — it’s valuable, and people want to use it. But finding a co-founder who is compatible with you — and ready to take that leap when you are — can be very difficult. Within the Startup School community, 20% of active founders report that they’re seeking a co-founder, and 25% of aspiring founders cite not having a co-founder as a blocker to starting their company full-time. Many of our users have tried many avenues for a long time, with little success.
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But out there, there is definitely a unique subculture that’s happening both on the commercial side of investment as well as the indie music creation side. That’s why YC is unveiling a new way to help co-founders find each other. Its new co-founder matching service will allow founders to fill out profiles about what their interests are and what attributes they’re looking for in a co-founder. “I am on there for business and I see the News Feed that’s a giant dump of crap, but it gets me hooked. That was completely time wasted for me,” Qi said. “As a user you want to work, but Facebook is so bad and so addictive. I really believe it’s a bad thing for society.” The tool comes as many workers have had to shift to working from home amid mass office closures in places like San Francisco, Seattle, and New York.
The service was initially tested within the Startup School community. During this period, 4,500 people used Co-Founder Matching to generate more than 9,000 potential matches. YC will send them a survey to further gauge if it’s a fit. If it is, they are prompted to explore working together. Co-Founder Matching also offers a template agreement to help establish guidelines for newly matched founders. We’ve mentioned how important it is for YC investors to like you.
Tips For Being An Awesome Founder
I guess times have changed a bit though, and just about any developer can more easily get big paychecks from reputable companies these days. You should definitely ask lots of questions about a startup’s operations, revenue situation, funding status, etc. before you join, no matter what the economic circumstances. You should also consider whether the big company might have large layoffs soon. Which one you should choose depends very much on the specifics of the companies, as well as your financial situation, career goals, and personal temperament.
Tips Para El Vídeo De La Application Con Tus Founders:
November 18 is the latest day you’ll know by if you applied by the deadline. If you apply after the deadline, you’ll hear back by January 19. We and the YC alumni network continue to help founders for the life of their company, and beyond. Twice a year we invest $500,000 per company in a large number of startups. Y Combinator created a new model for funding early stage startups.