Ask HN: Should we apply for YC Fellowship if YC has funded similar company?

2 pointsby ismailhá 11 anos2 comments

We have launched a company but it has not been going as expected and have a few problems with the model.

See online Office hours that was held a while back. Since then we have been doing customer research and have been testing a few ideas. We have hit upon something that we believe has massive potential with a great initial market.

In doing research on the idea i found that YC has already invested in a similar idea. We are not exactly the same, but very similar and could be considered a competitor.

Should we apply to YCF? What is YC policy on this?

Also note we are also geographically located else where so not playing in the same location.

2 comments

zaguioshá 11 anos

I don't remember exactly where, but I do recall someone at YC saying that due to the fact they invest in such a large amount of companies there is bound to be some overlap. I believe they probably try their best to be impartial and try to keep the companies separated. Regardless, you should definitely apply to YCF as it shouldn't impact their overall decision.

ismailhá 11 anos

Online office hours:

https://news.ycombinator.com/item?id=9785941