I have only one question: how to get an invitation to the interview if you are single founder (like Dropbox)? Looks like "single founder problem" is a flaw in YC's business model, because your biggest hits (Dropbox, Greplin) all came from initially single founders.
Well, I know that the odds aren't good for single founders...But the problem here in Russia (where I'am from) is that it's virtually impossible to find an entrepreneurial-minded hacker who's ready to put efforts and passion into a such risky thing as startup. We don't have such startups culture you have in US. It's very tempting for smart ppl here to just get a day job with a nice salary and relax. Or they already have girlfriend/family and thus will not move anywhere.
But I'm pretty sure I'll find a co-founder when I'm in the Bay area. But looks like it's chicken-and-egg problem. Actually I think the problem with single founders is exaggerated a bit. If it's all about people then great ppl eventually will find a great co-founder if you give'em a chance.
Actually Greplin had 2 founders initially. And though Drew was a single founder when he applied, he had found a cofounder by the time the YC cycle started.
The trouble with the plan of finding a cofounder when you get to the Bay Area is that you'll then have a cofounder you've only just met. Empirically that doesn't work well. Cofounders should have known one another for a while.
You must have friends of friends who'd start a startup with you.
Actually I had 2 co-founders. The trouble was that we eventually run out of money and they quit. I stayed. But I was forced to start a construction company in order to make some money and I grew it from $0 to 500k in sales. But damn it! I'm a programmer! I want to write a software. I really think that if you're seeking for exceptional people than you should give a chance for exceptional single founders too under some conditions, of course.
We do accept exceptional single founders. We've funded several of them. If you're so determined that you started a successful construction company, you could be one.
Yes, it's successful and I also managed to negotiate a partnership with IKEA. A unique experience! I did all that just to be able one day to return to my startup. We've been featured on ReadWriteWeb and 400+ ppl have subscribed for our beta, but this achievement was not helpful when my co-founders decided to quit...Looking back I can say that although I learned a lot running construction business, that was a mistake. And I want to fix it now. I would be happy if YC will review my application having in mind who is the person behind it.
Yes, I hacked supply chain and wrote several pieces of software, and now our profit margin is around 40% of total project estimate. While it's still below the market for the customers.
Me thinks I should have emphasized the exterior painting company I ran to pay my way through college, hah. Although not as relevant here since I'm not a single cofounder.
email me - jpug98@gmail.com. i'm looking for a start up business partner with serious programming experience. I too started and ran a successful construction company as a means to make money in order to start another business. I also do not have a partner, because it's hard to find someone that understands starting your own business is work.
Great to see some one from Russia dude! Privet! Best regards. I hope Yuri Milner presense in YC will give more chanches for russian talents to make a big jump!
Are you from Russia as well? Nice too meet you! I think that the fact that Milner is now working with YC will have a little or zero effect on Russian startup ecosystem. Money love silence. What would help Russian startup ecosystem to grow is a couple of successful rockstar startups. I was shocked when I told about Milner and YC deal to a local VC and she didn't know that. They are years behind US VCs.
Novosibirsk is city of smart people. Best regards!
I'm agree about Russia ecosystem. You are right!
Milner is a hero for me, really! He does business in both ends: russian and western internet.
I used to try to do some projects in russian internet.
2 years ago built http://www.moivizitki.ru (social business networking), a big Moscow based web company wanted to buy it (mostly hire us), but i decided to spend my life to build own startup (you can find job any way if needed). Built several e-com affiliate projects for english speaking world. Now my friend and i apply to YC.
I wonder if any person from post Soviet Union was excepted to YC (I don't say even a team, at list person :).
Well, I know that the odds aren't good for single founders...But the problem here in Russia (where I'am from) is that it's virtually impossible to find an entrepreneurial-minded hacker who's ready to put efforts and passion into a such risky thing as startup. We don't have such startups culture you have in US. It's very tempting for smart ppl here to just get a day job with a nice salary and relax. Or they already have girlfriend/family and thus will not move anywhere.
But I'm pretty sure I'll find a co-founder when I'm in the Bay area. But looks like it's chicken-and-egg problem. Actually I think the problem with single founders is exaggerated a bit. If it's all about people then great ppl eventually will find a great co-founder if you give'em a chance.