As someone who didn't get invited either, I feel like this is a great opportunity to look at the business objectively and check off the boxes that as a founder sometimes you don't think much about. Doing the application started it for me and already we are making changes and decisions we probably would not have focused on since we have been focused on execution.
Markets are dynamic so ideas need to be dynamic as well in how we adapt to stay within the framework of the vision but be able to optimize the probability of success. Taking a step back and evaluating team, technology, opportunity and current execution plan takes a lot of time and effort which this process forced us to do.
It all starts with confirming that the idea is good and there is a real problem here to solve but once that is checked off, there are so many variables that come into play. My approach is to try and not dwell as much on why YC did not invite me but focus on what else I can do to fulfill the potential of the idea.
If we get this right, we might not need to apply again and should be on our way. If not we either come back bigger and better or will have decided that this is not the business we want to be in. All good outcomes right?
Markets are dynamic so ideas need to be dynamic as well in how we adapt to stay within the framework of the vision but be able to optimize the probability of success. Taking a step back and evaluating team, technology, opportunity and current execution plan takes a lot of time and effort which this process forced us to do.
It all starts with confirming that the idea is good and there is a real problem here to solve but once that is checked off, there are so many variables that come into play. My approach is to try and not dwell as much on why YC did not invite me but focus on what else I can do to fulfill the potential of the idea.
If we get this right, we might not need to apply again and should be on our way. If not we either come back bigger and better or will have decided that this is not the business we want to be in. All good outcomes right?