Recap of Boston Y Combinator Event
Last night’s Y Combinator event at Tommy Doyle’s Pub was a success. The place was packed. Somewhere around the order of 100-150 people showed up. Here are some photos. If you are posting photos, Anyvite asks that you post them to Flickr with the tag yrbb4dt0.
Here are some things I took away from the event:
From the Q&A that Paul did, here are some insights on what Y Combinator likes to see on applications:
- Past projects that demonstrate ability. Don’t have one? Funding rounds are 6 months apart, take that time to make something cool.
- Keep it entertaining. They read a ton of apps and it can get rather arduous.
- Short is good. Be to the point about your idea.
- Founders with long histories of knowing each other.
- Don’t stress out about “What is your greatest hack?” or “Tell us something amusing you’ve discovered.” I gleaned this from examples Paul and the Y Combinator startups gave. Most of them were not monumental, world changing discoveries. An amusing anecdote will suffice. You don’t need to say you cured cancer or defeated Skynet to get accepted.
Funny Paul Graham quotes:
- In response to the question “What about MBA and business plan writers applying to Y Combinator?”, Paul: “It’s like ladies night at a bar. You’re ok if you bring a hacker.”
Having worked at Microsoft in the past, I wanted to hear speaker Kevin Merritt’s story about his first startup getting acquired by Microsoft. Overall, his experience with the acquisition was pretty good, and he worked hard while at Microsoft. But in terms of overall excitement level, he said a good day at Microsoft didn’t beat an average day at his startup.
Kevin’s current project, Blist, is a web based spreadsheet/list application with collaboration features. It’s pretty nifty, and you can test drive Blist with no account.
Also, Nabeel Hyatt gave a short and sweet talk which poised the question: “How do you know when your startup is working?” He shared some opinions from important people in the industry (if he got these opinions from them directly, then he has an impressive rolodex). Check out his social gaming company, Conduit Labs. Their web site is quite unique.
I’d like to say thanks to Dan for sharing some interesting stories about TicketStumbler, and also thanks to the following startups who setup this event:
- Posterous - Blog like posting of media over email
- Slinkset - Create your own social news site
- Startuply - Job listings for startups
- TicketStumbler - Second hand ticket aggregation
- Anyvite - Event invites