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My Y Combinator experience

233 pointsby marcobambiniabout 10 years ago

39 comments

petefordeabout 10 years ago
Sorry guys - if I was interviewing you as a YC partner, I&#x27;d pass on you too.<p>You repeatedly express frustration that the interviewers were not intimately familiar with your application, but it doesn&#x27;t seem if you put much into familiarizing yourself with YC and their flavour of logic.<p>YC: Why are you spending so much time developing this application? Creo: It is not only an application, it is a compiler, a virtual machine, a new language and even a mobile operating system.<p>YC was asking why you ignored customer development and just jumped into boiling the ocean before doing anything to verify that there was an existing market opportunity in the form of real customers willing to pay you real money to solve a problem. It&#x27;s not that they didn&#x27;t understand what you were trying to do, or questioning whether you could do it. They were right to push you for proof that you had more than a few friends who were desperate to use it.<p>The answer that you gave to the question is just a hairball of red flags. You wrote half a million lines of code before validating your business case? Do you truly believe that your ability to see the future is so strong that you just don&#x27;t need to back up your vision with data? That is not reassuring to a savvy investor who hears &quot;500klc&quot; and feels fear and&#x2F;or pity.<p>Listen, it sounds like the experience was positive and that you are taking answering some of the hard questions seriously. However, I urge you not to move forward without questioning that your entire position that YC blew it on an obviously incredible opportunity might be significantly flawed.<p>As to your idea itself: I am deeply skeptical that a drag-and-drop UI for building mobile apps is going to turn non-developers into developers. You&#x27;re not considering that 10% of writing code is syntax and 90% following a strong intuition of what to do first.<p>Perhaps the reason it doesn&#x27;t exist is because nobody has that problem.<p>&quot;What does it do?&quot;<p>&quot;Anything you can imagine!&quot;<p>Most people don&#x27;t understand what they are allowed to imagine. Sorry.
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coffeemugabout 10 years ago
Negative feedback incoming. Sorry.<p>Your landing page (<a href="http://creolabs.com/" rel="nofollow">http:&#x2F;&#x2F;creolabs.com&#x2F;</a>) doesn&#x27;t care about me (the user) at all. There is a big difference between being proud of your product and being self-aggrandizing, and you&#x27;re on the latter end of that scale.<p>To quote Henry Ford, you can&#x27;t build a reputation on what you&#x27;re going to do. Apple can get away with saying &quot;something big is going to happen&quot; because they&#x27;ve already proved (over and over and over again) that they can deliver. They&#x27;ve earned our trust. You haven&#x27;t (yet).<p>The landing page talks about rewriting things from scratch, and a custom compiler, and language influences, but it doesn&#x27;t tell me what the product does, how it does it, how it fits into my life, and what it will enable me to do that I can&#x27;t do right now. To put it differently, you&#x27;re placing a demand on my time (by asking me to get social, or share my e-mail address, or even read the page), but you haven&#x27;t thought through how to make me feel like I&#x27;ve spent my time on your site wisely.<p>Your product is important to you, I&#x27;m not. That&#x27;s actually perfectly fine (I get the appeal of building beautiful systems more than anyone), but that&#x27;s not a company (yet). It&#x27;s somewhere between a hobby and a research project.<p>Your video demo has the same problem -- you show off random features of the environment, but you don&#x27;t show me how I can build a real app. Again, you don&#x27;t care about me, the user.<p>Based on what I could get from the demo, the system is actually ridiculously impressive, which is great; but you need to learn to look at the world through other people&#x27;s eyes. That&#x27;s way harder than building the most sophisticated of optimizing compilers.
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samaabout 10 years ago
first of all, we do care about great products. a lot. though we still try not to fund great products that we don&#x27;t believe will become great businesses (there are many, many reasons why this might not be the case). it&#x27;s critical to us you have some specific ideas about who your first customers will be.<p>second, we often ask questions that are already covered in your application. the way you explain what you do is incredibly important. if you can&#x27;t clearly and concisely explain what you do, and get people excited, you will struggle to recruit, sell, raise money, retain people, etc.<p>third, we are happy to fund ideas with lots of technical risk. we have funded nuclear fusion companies, rocket companies, synthetic biology companies, etc that are years from a first sale. i don&#x27;t know where this meme that we will only fund companies with traction came from, but it&#x27;s not true. that said, we expect you to progress as quickly as you possibly can for whatever you&#x27;re doing.<p>fourth, i believe i am the youngest YC partner and i am 29. there is no way you were interviewed by 3 young boys in their early 20s. however, i don&#x27;t think the age of YC partners should matter, as long as they can evaluate and help companies.
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creolabsabout 10 years ago
Guys, I just wanted to describe my experience, I really didn&#x27;t want to criticize YC or the interview process. YC was our first pitch and we were surely not prepared enough. As I clearly wrote in my post I started with the wrong assumption that our product and our technology could make the difference. I was wrong.<p>Website is more a landing page that a real site. Product is not yet released to the general public. We plan to launch a public beta and a brand new website with more useful information in about a month.
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mootothemaxabout 10 years ago
<i>In 10 minutes they had not even bothered to understand what we had in our hands</i><p>I think you may be walking away with the wrong impression; it&#x27;s your business and marketing talents they were concerned about.<p>Just because you&#x27;re not on the market doesn&#x27;t mean that you can&#x27;t have users, whether friends, family, or trusted third parties; you must be testing with <i>someone</i> who isn&#x27;t a core team member?<p>If you&#x27;re not, I&#x27;d take this as a huge signal that you should do so ASAP.<p>Likewise, what <i>are</i> the apps that have been built with your system?<p>I&#x27;m sure you&#x27;ll have various test apps, but have none of you built anything more in-depth? Or, again, have no family, friends, or trusted third parties built anything with it?<p>I think the Y combinator interviewers were worried about what sounds like a lack of market research.<p>It&#x27;s not too late to fix that - <i>if</i> the market&#x27;s after a solution like yours, and you can fix the &quot;we built this without doing any research&quot; red flag - just make sure that you start <i>right this very second</i>!
phelmigabout 10 years ago
From what I understand your created a Flash Clone to create smartphone apps (The VM, the simple programming language, it&#x27;s all there). This sounds quite nice but where do you see yourself making money? On the creator&#x27;s side (like Adobe did?) or on the customer&#x27;s side (like the AppStore)?<p>I like your idea, and the vimeo video doesn&#x27;t look bad BUT: You seem to make a mistake I often see with (being one myself) Dev&#x2F;Tech people: Our own enthusiasm a product or idea prevents us from verifying the actual market need. Instead we start doing what we love: Building. Unfortunately the more we build the less we are open to criticism or potential customer&#x27;s feedback. For this reason we start only talking to people who like our product (but aren&#x27;t customers) and get stuck in a positive feedback loop that isolates us from the hard truth that we might move in a wrong direction. Wrong, not because the idea isn&#x27;t good but wrong because without a market the idea won&#x27;t be sustainable.<p>I wish you all the best guys. Revenge can be great motivator but don&#x27;t fight wind mills.
simonwabout 10 years ago
From reading both the article and the comments here, one common theme seems to be surprise that the YC partners didn&#x27;t appear to know all of the information that was included in the application.<p>Here&#x27;s a tip for anyone who lands a YC interview: go in with the assumption that no one who is interviewing you has read your application form, and you&#x27;ll have a much higher chance of success!<p>Think about this from the POV of YC partners. They&#x27;re interviewing literally hundreds of companies over a few short days. At s guess, they&#x27;re doing 4 interviews an hour for 5 hours a day = 20 per day (probably higher).<p>When are they going to read the applications in depth? If they read 20 applications at the start of the day they&#x27;ll have real trouble remembering which one is yours by the time they get to you. If they read your application directly before your interview, they&#x27;ll only have time to skim it (my guess is that this is what they do, I&#x27;m happy to be corrected).<p>For you, your application represents days of work, and your interview is the most important 10 minutes of your entrepreneurial life. For them, you are one in a thousand applications.<p>The application is the thing that gets you the interview, nothing more.
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jmckibabout 10 years ago
I haven&#x27;t interviewed with YC, but I felt like I was missing something while reading their account of the interview. I would assume that the YC interviewers DO read applications, and they only ask questions they already know the answer to to see how the founders will respond. I read somewhere that they do this to make sure the founders have already considered every possible objection to their idea. I wonder if these guys were rejected because of their negative reaction to this type of questioning.
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ggreerabout 10 years ago
In addition to the issues others have pointed out, I think there was a bit of a language and culture barrier. The author says, &quot;We entered the room and facing us there were 3 young boys in their early twenties.&quot; I get the impression he felt insulted, but it&#x27;s not like the interviewers can choose their age. The statement is also odd because I don&#x27;t think any YC partners are that young. Maybe his estimate was thrown off by their casual attire and demeanor.<p>The author was annoyed by interviewers asking questions answered in their application. That&#x27;s a natural reaction, but there are good reasons for this practice. Maybe some of your answers have changed since you applied. Maybe the interviewers want to get an idea of how much thought you&#x27;ve put into these questions. Maybe they&#x27;re not satisfied with some of the answers in the application, and want you to flesh them out in person. My point is: the interviewers aren&#x27;t trying to annoy you or waste your time. They want to understand you and your idea. Responding to their questioning with annoyance won&#x27;t help them.<p>I found it very unusual that the author ignored the post-interview e-mail. Those e-mails typically contain tailored advice, or at least reasons why the partners passed. That information is extremely valuable. YC&#x27;s reason for passing will probably be similar to many other potential investors. Even if you don&#x27;t think it&#x27;s a good reason, it&#x27;s worth crafting a solid response to.<p>One more thing: If you have a demo, show it as early as possible! A demo can obviate the need for many &quot;What are you making?&quot; questions, since it shows the answer. That leaves more time to discuss your product or idea, instead of trying to explain it to the interviewers.<p>With that feedback out of the way: I wish Creo success and I&#x27;m glad they plan to apply again. Good luck!
julianpyeabout 10 years ago
While I agree with the conclusions of the other posters, I also think it is difficult for anyone to put themselves into the shoes of these people, traveling over, waiting for the opportunity. Pitches can go bad quickly. I think anyone knows the pitch that you enter well-prepared and in best spirits and you come out 10 minutes later and wonder what the hell just happened.<p>Anyway, I also think it&#x27;s great that you posted this in this detail, since it also shows once more that the interview will give you VC type questions and not YC type (well-informed) questions. If you can&#x27;t explain it to a VC who is not up to date with everyday tech changes, then you&#x27;re not ready for YC.<p>Finally, you sum up the feelings nicely - that mix of a feeling for redemption and the highly illogical feeling of a need for &#x27;revenge&#x27;. I have felt that and it is so much unlike my personality, that I was really startled by it. Put that negative energy into something positive, right now I think your first priority is to make a non-tech person understand what it is you&#x27;re building.
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DanielBMarkhamabout 10 years ago
This is a great story, but perhaps not for the reasons intended by the author.<p>I applied once to YC. As I recall, my solo founder video included a puppet, so fair warning: I&#x27;m an idiot when it comes to startups. I only repeat what I&#x27;ve heard and read.<p>When they asked you guys all those questions, the proper answer wasn&#x27;t to reply technically, it was to reply with something akin to &quot;social proof&quot;<p>So, for instance, when they asked &quot;Why are you spending so much time developing this application?&quot;<p>One good answer might be something like &quot;Because we&#x27;ve talked to 50 people, and 10 of them tell us that if we can finish in the next six months, they want to use it. In fact, here&#x27;s the money they deposited so they would be first in line&quot;<p>The takeaway that YC is only interested in money may be at the same time true and misleading. As I understand those guys, they simply want <i>proof</i> from other humans that you are capable of doing something folks will like. Either you already have those humans and proof -- or they believe that you&#x27;re the kind of guys that can go get them and then they&#x27;ll take a flier on your ability. In either case, to say it&#x27;s money is missing the point.<p>A <i>lot</i> of technical folks confuse the kinds of questions they are getting. When the question is along the lines of &quot;Why don&#x27;t I do X?&quot;, they&#x27;re not asking you to argue that X is better than all other choices. Hell, X may be worse. They&#x27;re asking you to explain to them how by talking to other people, you&#x27;ve learned that a significant percentage of them like X better, even if it sounds stupid. (In fact, if it sounds stupid and looks like something other people would not do, yet real people want it? That&#x27;s a plus!)<p>I liked this. Thank you for posting. Sorry about the negative feedback.<p>ADD: There&#x27;s nothing wrong with building something complex with a grand vision that might take months to put together. The trick is to do it in smaller chunks that get customer validation each step of the way. [Insert long discussion here about how it&#x27;s easy to get emotionally attached to a codebase and solution that nobody else in the world would ever want]
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jim_grecoabout 10 years ago
It&#x27;s good to have a little ego, but I don&#x27;t know anyone in the batch who talks like this:<p>&gt; I realized that Creo is an extraordinary technological challenge and we achieved unbelievable results so far. Who could have developed a new multiplatform programming language with a blazing fast virtual machine? Who could have rewritten from scratch a mobile operating system fully UIKit compatible? Who could have a product like ours? Nobody, probably nobody in the world… and if YC’s choice was driven by the product than we would had no rivals.
IvanDenisovichabout 10 years ago
I&#x27;m also reading some cultural clash between American and Europeans&#x2F;Mediterranean mentalities. Prioritizing your business model over your product and answering amiably to annoying questions are decidedly &quot;American&quot; behaviors. That&#x27;s not to say these aren&#x27;t great practices for aspiring entrepreneurs. When you&#x27;re ready to apply again, maybe you should consider hiring an Italian guy with an American MBA who can bridge the two cultures?<p>(I think your idea is cool. If no one went for the long-shot projects Silicon Valley would be full of copy-cat boring App companies. Imagine how that would be like)
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manigandhamabout 10 years ago
Have to agree with general sentiment here... this seems too much like a product and not something that can turn into a business solving a need.<p>What&#x27;s the market size? Compatibility? Pricing? What apps have been built? How advanced? How long to learn a new language? What about the surrounding ecosystem (storage, analytics, notifications, etc)? Do you offer support? Training? What if you disappear in a year, what then?<p>There are already plenty of tools (as mentioned by the interviewers) for making mobile app development easier but there&#x27;s a limit to how far you can go with non-developers. I think you&#x27;re building into a niche of people who might be interested enough to dabble and but not enough to become serious, and that just doesn&#x27;t sound like something you can build a company on.<p>Btw, maybe I&#x27;m alone in this but being someone in their 20s, it felt strange to read &quot;3 young boys in their early twenties&quot; as if they couldn&#x27;t handle an interview. I strongly suggest reviewing everything you&#x27;ve done so far and asking more fundamental questions about the viability of the business, because at the end of the day, that&#x27;s what matters.
ksikkaabout 10 years ago
My guess is:<p>You&#x27;re just too early for YC. They have so many applications where the business&#x2F;growth side of things are farther along than in your case, and they&#x27;d rather pick those companies for the finite amount of spots that they have at this time.<p>They wouldn&#x27;t say they were impressed by your product unless they really truly were. They&#x27;re just waiting for some more validation because they have had companies try to do this in the past and all (including mine) have failed.<p>I believe there is an opportunity here, but it&#x27;s incredibly grueling to spend months developing only to realize after user testing that you&#x27;ve developed something that has significant problems that require months more development time. If there&#x27;s a lighter-weight way of testing that what you&#x27;re building is going to be easy to develop with, you should definitely do that and re-apply.<p>EDIT: Btw, &quot;Y Combinator has been created for one single purpose: to make money.&quot; That&#x27;s definitely false. They do use this criteria to help them select companies, but it&#x27;s definitely not the single reason it was created.
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WestCoastJustinabout 10 years ago
Too bad there isn&#x27;t a Creo demo, screenshots, or walkthrough, where you could show off your platform. You must have many potential customers on your site with this influx of HN traffic -- hint hint.
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andrea_sabout 10 years ago
To be fair, I&#x27;m always very wary of claims going in the direction &quot;programming for non-programmers&quot;. We&#x27;ve lived through enough workflow-oriented tools who promised a lot in that direction and delivered very little (I&#x27;m looking at you, SAS - can&#x27;t go around two consecutive corners without having to write a lot of code).<p>Aside from that, good luck with your efforts from a fellow Italian :-)
kriroabout 10 years ago
It&#x27;s an interesting read but I hope the OP takes away more than a renewed drive &quot;to show them&quot;.<p>For an outsider it looks like a classical &quot;overengineering&quot; kind of project. You say it&#x27;s too complex a problem to test early but if you reapply keep this in mind &quot;validate you&#x27;re not heading down the wrong path as early as possible&quot; is the mantra. You seem outraged that XCode was suggested for example but you should have had a very clear non-technical response. Maybe list stuff like Ionic or even rapid prototyping stuff like Quartz Composer with Origami. Then link them by saying you can essentially build apps as if using Origami but get close to native performance, better code etc (mind you the JS to native compilers and pure JS folks will make similar claims)<p>Who&#x27;s your target audience. Programmers becuse it takes them less time, designers because they can get further without programming?<p>I think you (the devs) should sit down for a coffee and talk through your project without going technical. Think of it as hacking the application process if you want. Fill out a Lean Canvas for your product even if it seems silly. Grill each other as if reliving the interview.<p>tl;dr: Pretend you&#x27;re talking to nontechnical people and ignore everything that feels like &quot;did they even read our application&quot;. Just mentally imagine they have invited you because someone recognized this as a hard engineering problem and now they are mostly interested in the business side.
creolabsabout 10 years ago
BTW the video you discovered on vimeo was just a quick demo we did for internal usage. It wasn&#x27;t meant to be showed to public and it demonstrates a very old version.<p>There are a lot of critics here and I really appreciate the &quot;brutal&quot; honestly in your answers, we&#x27;ll do our best to treasured your advices.<p>I really think that there are some misunderstanding about the real intent of the article and since the website is just a landing page, the best answer is just to release an impressive product as soon as possible.<p>As I already wrote, a public beta version is expected by mid April.
huhtenbergabout 10 years ago
&gt; We entered the room and facing us there were 3 young boys in their early twenties.<p>I wonder if YC considers applicants&#x27; age when pairing them with the interviewers. Because if not, that&#x27;s a very fertile soil for all sorts of interesting biases.
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smoyerabout 10 years ago
I think you should probably look at what you&#x27;ve written with a very discerning eye:<p>&quot;the only thing that matters for them is the business model … I repeat here again: product has zero value.&quot;<p>The YC partners are pretty good at weeding out ideas that will never make money ... are you prepared for this project to be your hobby? There are a couple other red flags in your post such as the idea &quot;you won&#x27;t need programmers any more. This has been the holy grail of the business world for years because programmers tend to be (pick as many as needed):<p>- Expensive<p>- Odd<p>- Opinionated
72deluxeabout 10 years ago
There is much self belief in the article, which is probably passion but it is tricky not to come off as arrogant. I wonder if this is difficult to present face to face.<p>It is clear that he is very passionate about the product that he has produced, which is a good thing. It must have been a very disappointing experience.<p>I&#x27;m glad they made use of their time there to visit the area and see different local places and to make the most of it.<p>Having visited the landing page I&#x27;m still a bit confused as to what it does as there are not specifics.
Mzabout 10 years ago
I mostly skimmed. (I am supposed to be working right now.) My general impression of a lot of it: Wow, a whole lot of ego. Also: &quot;Can you say <i>Duke Nukem Forever</i>?&quot;<p>However, the closing list of YC frequently asked questions looks potentially useful:<p><pre><code> Y Combinator’s FAQ 1.What are going to do? 2.Potential Users? 3.Obstacles in your path? 4.What’s wrong with existing options? 5.How you’ll overcame the barriers that allow existing options to stay bad? 6.Who needs what you’re making? 7.How do you know they need it? 8.What are they doing now? 9.What makes you different from existing options? 10.Why isn’t someone already doing this? 11.What obstacles will you face and how will you overcame them? 12.How will customers&#x2F;users find out about you? 13.What resistance will they have to trying you? 14.How will you overcome that resistance? 15.What are the key things about your field that outsiders don’t understand? 16.What part of your project are you going to build first? 17.Who is going to be your first paying customers? 18.If your startup succeeds, what additional areas might you be able to expand into? 19.Why did you choose this idea? 20.What have you learned so far from working on it? 21.Six months from now, what’s going to be your biggest problem? </code></pre> Edit: Whoops! Formatting
evadneabout 10 years ago
UIKit for Mac has been done more than a few times.<p><a href="https://github.com/BigZaphod/Chameleon" rel="nofollow">https:&#x2F;&#x2F;github.com&#x2F;BigZaphod&#x2F;Chameleon</a> <a href="https://github.com/twitter/twui" rel="nofollow">https:&#x2F;&#x2F;github.com&#x2F;twitter&#x2F;twui</a> …
Udikabout 10 years ago
Despite all the good points made by other commenters here, I see that nobody has yet quoted the other somehow related story that appeared on these pages not long ago:<p>How I Crashed and Burned in Y Combinator <a href="https://news.ycombinator.com/item?id=8867335" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=8867335</a><p>It seems interesting because the author of that post basically described how he came to YC without a developed product but only a vague and confused idea, and how his project was nonetheless accepted. He then moves on to describe how, having entered YC, he started frantically working on different projects that had nothing to do with the original idea, until he finally gave up.<p>Now, I wonder which could be the factors that make YC accept a non-existing project, so shaky to evaporate one hour after the interview, and reject people that at least produce and are entirely focused on a working prototype of a new product.
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dxbydtabout 10 years ago
Can I ask you what is the point in airing this dirty laundry ? Even as a learning experience, it comes off pretty sour. Do you really want to be known forever as &quot;creo ? oh those guys who trash talked yc ?&quot; , because that&#x27;s what happens.<p>Lemme air some clean laundry instead that might actually be useful to you guys.<p>2012 - am driving with a company co-founder who has just been accepted into YC. He points at an elephant logo on a building and says - &quot;those guys! ridiculous! they have a billion dollar valuation! what did they do - put Notepad on the web ? what we are doing is a million times more complex.&quot;<p>He was ofcourse pointing to Evernote.<p>I gently told him that his company may be solving a problem million times more complex, but how many people wanted such a complicated solution ? 10 ? 1000 ? 1000 ? Maybe 10,000 ? There is a ceiling on any supercomplicated niche product you are building. Its now 2015, his company has about 5000 customers. So in 3 years they got to 5000. But Evernote has upwards of 100 million users, with its supersimple Notepad on the web product. So this yc company has now pivoted to building a specialized social network, and they already have a million+ users on that front. They&#x27;ll probably keep the 5000-user supercomplicated business running, because its good money, but the focus will be on now growing the supersimple million user social network business.<p>A long time ago, we had a guest from Microsoft visiting our compiler theory class. He bemoaned that more people were using something called Microsoft Flight Simulator, which was just a stupid toy, compared to what his team was working on - the Microsoft Visual C Suite, which was such a sophisticated state of the art compiler.<p>Once again, how many people have a need for such a compiler, versus how many people want to just play video games ?<p>Focus also on customers, not just on the complexity of your technical problem space.
josefrescoabout 10 years ago
Have you read our apply?<p>you really just said Eclipse?<p>This information was clearly written in our apply<p>As I already said<p>Fix these and you&#x27;ll go a long way towards succeeding in meetings like this and impressing, &quot;3 young boys&quot; who, like it or not, are deciding your business fate at this stage.
aregsabout 10 years ago
When answering questions in a YC interview you really need to satisfy the top 3 YC criteria for startup success.<p>1-Make something (a large enough number of) people want.<p>What YC wants to hear in the interview: who are these people?(show us you made an effort to find them) do they need what you are building?(show us you made an effort to find out) what are they doing now to get what they need?(show us you made an effort to find out) how is your solution much much better at helping them?(showing us who is begging you for your solution)<p>2-Make something that a small number of people absolutely love. (as apposed to something that a large number of people merely like)<p>What YC wants to hear in the interview: -Show us a small set of users that would absolutely love to use your solution.(i.e. who would get upset if you stopped building your solution)<p>3-Teams (and execution) matter more than ideas<p>What YC wants to hear in the interview: -Less focus on the technical merits of your idea&#x2F;product and more focus on how you are getting users and the market you are targeting. If you did not give the right answers to items 1 and 2 above then clearly you are not the right team according to YC.(Note: If the product is highly technical you do need to show that you have a technical founder with the right skills. But that is not really the same thing as focusing on the technical details of the product)
outworlderabout 10 years ago
&gt; &quot;I believe that our biggest mistake was to think that being able to develop such an extraordinary product could somehow give us an advantage against the thousand of other ideas presented at Y Combinator.&quot;<p>Sorry, you don&#x27;t get to call your product &#x27;extraordinary&#x27; among a crowd of developers. Users may apply that label, and it&#x27;s your job to try to convince them to do it.
jacquesmabout 10 years ago
Some choice quotes:<p>&quot;. I realized that Creo is an extraordinary technological challenge and we achieved unbelievable results so far. Who could have developed a new multiplatform programming language with a blazing fast virtual machine? Who could have rewritten from scratch a mobile operating system fully UIKit compatible? Who could have a product like ours? Nobody, probably nobody in the world… and if YC’s choice was driven by the product than we would had no rivals.&quot;<p>Ok, you&#x27;re amazing.<p>&quot;I believe that our biggest mistake was to think that being able to develop such an extraordinary product could somehow give us an advantage against the thousand of other ideas presented at Y Combinator. We were wrong.&quot;<p>No, your biggest mistake was to think that you are somehow entitled to an investment and that YC was the lucky one. The opening sentence is indicative of that, according to you it started with a letter from YC to you, but in actual fact <i>you</i> applied first. So you&#x27;re the seeker, you are the one initiating the relationship and <i>you</i> have to prove yourself worthy of the relationship.<p>&quot;I really think that the complexity of the Creo project penalized us at YC.&quot;<p>Making something complex simple is a communications issue. If you can&#x27;t step away from the complexity of the engine underneath your offering then you are not an effective person&#x2F;entity to communicate with capital providers.<p>&quot;the only thing that matters for them is the business model … I repeat here again: product has zero value.&quot;<p>You state this as though it is a fact, but it is just your opinion. In order I think that for YC team comes first, product&#x2F;market fit second and business model last.<p>Then, the actual interview:<p>&quot; In few words it’s an app that is able to create other apps. We have developed a new programming language with a multiplatform virtual machine and we have rewritten from scratch a mobile operating system (100% UIKit source compatible), all exposed through a desktop application that makes incredibly fast and easy the creation of mobile applications. Development time is reduced from weeks and months to few hours or days.&quot;<p>This is an old story in IT circles, it comes back every time there is a new medium, sooner or later someone will do &#x27;cross-platform&#x27;, that&#x27;s not unique in and of itself.<p>&quot;OK, but there are other similar technologies . For example …&quot;<p>Did you let them finish their sentence?<p>&quot; Creo: Xcode? (Have you read our apply?)&quot;<p>If they had not you would not have been invited.<p>&quot; … those are solutions that can be used only by professional developers, our software is for everyone, even for those who are not a developer.&quot;<p>That&#x27;s another thing that&#x27;s been said since COBOL about every new language&#x2F;platform.<p>&quot; YC: OK got it… so why should not I install Eclipse?&quot;<p>&quot; Creo: (Eclipse Holy God, you really just said Eclipse??)&quot;<p>Yes, he did, but so what? If you&#x27;re so incredibly smart that YC alumni seem stupid in comparison why can&#x27;t you explain in a simple and easy to understand blurb what it is that your product does so that such confusion does not arise in the first place?<p>And so on...<p>&quot; We came out of the interview dazed … neither I nor Daniele wanted to talk. My impression was that it was a complete disaster … two years of work, two years spent fighting for an idea that seemed impossible to become reality and in 10 minutes they had not even bothered to understand what we had in our hands. &quot;<p>No, they did bother, you failed to explain. It&#x27;s a communications problem on the sender side, the receivers would have been happy to understand you if you had taken the time and the trouble to explain it in <i>their</i> language rather than to expect them to accept the explanation in <i>your</i> language.<p>That&#x27;s a pretty common mistake but it is unusual to see such a condenscending and frankly insulting attitude on the part of the person exhibiting the mistake. Your whole rant comes across as though you are somehow entitled to a certain treatment because of your technical expertise when in the real world what matters is how well you manage to communicate your achievements to your target audience (potential investors in this case) whoever they may be.<p>A few tips:<p>- turn down the rhetoric about how awesome you are until you have real world results, and preferably have others say how awesome you are<p>- go and work with your target audience instead of doing all your work behind closed doors<p>- focus on the product&#x2F;market fit before you do more work<p>- get a dose of humility somewhere<p>- keep your dirty laundry in-house<p>Good luck!
giarcabout 10 years ago
&gt;As I already said and as I clearly written in our apply, we are currently in pre-beta so we just developed apps for internal usage, nothing is on the market yet.<p>I hope this isn&#x27;t a verbatim quote from the interview. Your interviewees were obviously very smart people, if they keep asking the same question (or what seems to be the same questions) it means <i>you</i> have not answered it properly. Therefore saying things like &quot;As I already said&quot; leaves an impression that you don&#x27;t understand what they are asking.<p>Thanks for writing this up though. All too often we hear about the successful candidates. It&#x27;s good to hear the other side of things.
helgemanabout 10 years ago
I and probably everyone who has ever talked to investors&#x2F;VCs had a similar experience to yours. And from an Investors standpoint it does make sense to basically ignore the product. Even though that can be frustrating. I think the pitfalls and traps that came with the interviewers questions have been discussed already. You know what they want to hear so naturally you are going to do better next time.<p>Anyway by all means there was good advice on here but don&#x27;t get discouraged if you are passionate about your product. Because that, beside product and Team and everything else, is still the most important factor in a startup imo.
ryanSrichabout 10 years ago
Great article and it points out an issue I&#x27;ve seen with a few startups.<p>It&#x27;s no one else&#x27;s job to understand what you&#x27;re building. Even if you hand me an application saying what you built I still want to hear you explain it. I shouldn&#x27;t have to work to understand your product. The fact that YC was trying very hard to get you to explain what you were building and you continued to repeat yourself tells me you still don&#x27;t know entirely what you&#x27;re building, and to an investor that&#x27;s a huge red flag.
humbertomnabout 10 years ago
I just think they could have had the same questions asked by a potential customer, in a real sales pitch, and then they would definitely need more patience and stronger answers to win the client.<p>They seem to know their technical needs, but I would spend more time talking to possible early adopters... that would help the project itself and also their pitches for VCs and accelerators :)
nattofriendsabout 10 years ago
By the way, Creo was the name of a Vancouver-based digital imaging software company that was acquired by Kodak in 2005. So there might be some people you are confusing with that name.<p>[0] <a href="http://en.wikipedia.org/wiki/Creo" rel="nofollow">http:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Creo</a>
BinaryIdiotabout 10 years ago
Through the interview you seemed more annoyed with the questions than excited about your product.
dkerstenabout 10 years ago
Regarding the &quot;this was covered in the application&quot;, besides what others have already said here, could it be that the person evaluating the application wasn&#x27;t actually in the room? Perhaps even on purpose?
sauereabout 10 years ago
While i do agree with some of the negative comments here regarding the lack of market research, i also gotta say: the questions (Eclipse, Xcode) seem rather... well, off.
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merruaabout 10 years ago
Good Luck to all at Creo.