Valley of Broken Dreams: A YC Postmortem
So, it turns out Paul Graham was right: the problem with going through tough times is not that they directly spell failure, but that they rob the momentum you have, which in turn leads to stalls and ultimately to failure. Within minutes of hearing about our rejection, I was so turned off by our project that I just picked up something else to work on, something I could still believe in. Call me fragile.
My partner Andres and I arrived in Silicon Valley on the evening of Friday the 25th with weighty backpacks and weightier dreams. A few weeks prior, we’d been notified of our opportunity to interview with Y Combinator, a seed capital firm that spends half of its time in Mountain View, CA and the other half in Cambridge, MA. The stake was about $15,000 in capital and three months of close supervision and mentorship in Cambridge.
The embodiment of our idea is unimportant; what counts is that we broke almost every rule in the book. And if there’s one take-away from this brief retrospective, it is this: breaking more than a few rules will get you sour looks that intimate your ultimate rejection, a rejection that arrives in a courteous but firm e-mail, because you no longer merit a phone call.
So here’s the laundry list of everything you can do to suck at YC. It’s a long one.
1) Include local news in your pitch.
2) Also include (as your alternate) an idea in which you are tangentially interested.
2a) Bonus points if it includes a solution for the suckiness of online dating.
3) Spend at least 80% of your interview waffling between talking about your erstwhile-maybe interesting alternate idea and vehemently defending your flagrantly-sucky primary idea.
4) Find a way to be invited back just before lunch on the next day of interviews, by temporarily exciting yourself just enough to make wild promises about solving world hunger, er, online dating (priceless PG quote: “What has greater social impact than online dating?!”).
4a) Bonus points if you’re too dense to realize this is a chance to redeem yourself for your primary (i.e., crappy) idea.
5) Immediately convince yourself that your alternate idea is the one that’s crappy (hint: it is too).
6) Spend the rest of the day and the next morning trying to figure out how to respond to the hostility toward your original idea, the one that’s so blindingly awesome.
6a) Bonus points for hacking together an Ajaxy demo that shows little more than your month-old mockups.
6b) Double bonus for spending 90% of your time slicing the mockup into CSS+XHTML instead of actually working on functionality.
7) Attempt to steamroll your half-baked demo and second-(make that third-) guessed original idea to the glassy and incredulous stares in the room.
8 ) Let your stress go and spend a day in Chinatown and at the Golden Gate Bridge (No, wait. On second thought, that was the right thing to do).
9) Wait by the phone thinking someone still cares.
10) Check your e-mail for the inevitable e-mail explaining why you rock as an individual but really suck at taking suggestions.
11) Cry into pillow. Wake up bleary-eyed with no greater appreciation for life as you read the Twitter feeds of the victorious.
12) Write sad diatribe to submit to the community for ridicule.
TODO: Five months from now, rinse and repeat.
11 Comments so far
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Don’t give up dude. Just take a week off, take a break - see how you feel after that. Just because your idea isn’t right for YC, doesn’t mean it can’t be a success for you.
BTW: Your mockup doesn’t look too bad!
By Rich on 04.29.08 6:38 am
Why You Must Embrace Rejection to Succeed
By Denny K Miu on 04.29.08 8:59 am
There’s no need to beat yourself up too much. (The world is full of people who will do it for you.) FWIW, I admire your ability to face up to your mistakes and learn from them.
By Dennis Furey on 04.29.08 9:56 am
Or you could decide to go ahead without Y combinator - this is pretty much what the reddit guys did before YC changed their minds.
By tomjen on 04.29.08 9:57 am
Here’s a thought: GO AND BUILD YOUR APP.
Sometimes the best lessons are the ones that hurt the most. If you believe in your product, go and build it. Find a way. Screw the critics. Build something great.
Buck up - everyone has these types of days - successful entrepreneurs pick themselves up, dust themselves off, and get back to work.
And good luck!!!
Dave
By David Sifry on 04.29.08 10:42 am
I laughed out loud at least four times. Not because of what you wrote–but because I know it’s all true
Give me a call champ. We need to catch up.
By Nathan Thompson on 04.29.08 12:07 pm
This post created some nifty discussion on the News.YC board, which is not bad since it falls somewhere between a pity party and a karma play. Anyway, I feel like I should clarify that I still believe in our idea very strongly; of course I’m not so fragile that I’d let YC’s choice of whether or not to fund us right now define how I felt toward my own passion. Nevertheless, thanks a lot for all the encouragement.
By Warren on 04.29.08 12:48 pm
You’ll look back at times like this as defining moments in your life.
It is up to you how you react in the face of events. Either you are emboldened or destroyed, it is totally your choice. In 20 years, will you laugh at how hard you are taking it? If so, tell yourself that it is okay to learn as much as you can from the experience and move to the next one.
Also, Google the spiritual art of detachment. This may be of some help to you.
By Ben on 04.29.08 1:46 pm
+1 on the GO BUILD YOUR APP. honestly, those four words were the only thing worth reading on this entire page until I wrote this amazing, insightful comment.
By giles bowkett on 04.29.08 2:59 pm
[…] Valley of Broken Dreams: a YC Postmortem (tags: business startups VC venture ycombinator entrepreneur failure) […]
By links for 2008-05-01 « that dismal science on 05.01.08 1:30 pm
Trust me, I’ve had experience on this. The best thing for you to do is get inventive, get motivated, start building right away and don’t stop (not just the app, but your company, brand, and loyal subjects) even without any money.
Money is overrated, and if you have the right people who believe in the idea, who can either suck up the Ramen or loan you a couple bucks for a few months, anything is possible. Go build an excellent company and then be happy you didn’t go for that initial capital!
By Thomas on 05.11.08 12:02 pm
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