It looks like we had a brief video/audio issue just after the 5 minute mark. Sorry about that! - Zach (Producer)
@milk_drinker2 жыл бұрын
Definitely not a mafia
@spol2 жыл бұрын
😂
@StreamAgency2 жыл бұрын
Keep up the good work, Zach.
@margaretcezar11092 жыл бұрын
@@milk_drinker that's the funny part 🤣. They're far from that.
@mefisto05s.20 Жыл бұрын
Hahahaha
@chenalee37302 жыл бұрын
This is really great to know that 40% applied just with an idea. It’s hard to quit day job and do full time building w/o finding a way to cover basic living expenses. Targeting S23 🎉
@kingsdomains11 ай бұрын
did you make it in?
@KYRIOS_DRAGON5 ай бұрын
What if you dont live in US? Is that a problem?
@chapterme2 жыл бұрын
Chapters (Powered by ChapterMe) - 00:00 - Introduction 00:27 - Expectations 01:56 - Secret YC perks 04:57 - Not a mafia 06:08 - Misconceptions 07:02 - Investors 08:05 - Direct experience 08:51 - The scale lie 11:11 - Why to do YC 12:33 - Recent batch 15:08 - Running an auction 16:45 - Fake advisors - Early stage investing environment 20:33 - Horror stories 24:08 - YC mantra 25:42 - Outro
@yamilletrivas8041 Жыл бұрын
If you are this fun and awesome in person then these YC founders are lucky!!!!! All the smiles and laughter along with the lessons! ok back to the video… The Not a Mafia but kinda Mafia adjacent had me laughing 😂
@GauravSharma12 жыл бұрын
YC is the smartest set of mission-driven founders and companies with a BIG vision. Loved the "mafia" voiceover. You guys are amazing 🤩 😆 😂
@velociraptor5962 Жыл бұрын
Oh heck. I thought YC was just "rich" venture capitalists who were helping startups with cash. I'm clearly misinformed. HAHA. Good video. Thanks for clarifying.
@angie.karasek Жыл бұрын
I just started this whole adventure a couple of days ago and applied while at work today. I think I effed up my app so I’ll reapply better again next batch! 😅
@jdavidson124 Жыл бұрын
Very insightful but this video felt more like a pitch for why YC and why not go another route. The results & success of YC speak for itself
@dheerajs28382 жыл бұрын
I have my doubts about 40% .. I applied earlier twice .. and I was in contact of 2 angel investors from YC who review people applications and both of them told me that you wont get anything because your revenue and traction is so small. I went on dinner with one of them along with another YC alumni in oakland, both of them literally told me that you can apply but ideally apply next year once you have more users and revenue. So I am not confident on this 40% number. When I went to one of the VC event this year, met another VC company told me that if you are thinking of applying to VC, come to us first .. we will fund you well before they do.
@michaelseibel2212 жыл бұрын
Lol - we are the ones who grade the applications. Doesn’t that give us credibility?
@dheerajs28382 жыл бұрын
@@michaelseibel221 agree .. but I met those guys and they were with founder who was in YC. He was my friend. Literally showed email exchanges with you on their phone. so It was difficult to not to believe them.
@johnbelluomini4597 Жыл бұрын
😊
@FahmiEshaq Жыл бұрын
@@dailydose273 huh! old school private smart boys club? What about all the public content they share without a dime...
@Polapola23 Жыл бұрын
@@michaelseibel221 are u the real Michael?
@kchwophy2 жыл бұрын
Okay, now I'm going to apply to YC
@edgy4925 Жыл бұрын
The darkened out part with Michael had me cracking. :D
@entertainmentyoutube36062 жыл бұрын
The think is you should give context, I've seen often that people just do things and expects the rest magically knows everything they are talking about, context is primordial to any system, collaboration, or endeavor. And that is a widespread behavior mistake in all businesses and organizations
@yuujishoppingltd8178 Жыл бұрын
A very educative piece especially on the reasons one should join YC. Its good you have also dismantled the many myths out there on YC
@tannermeade Жыл бұрын
A lot of good points here. It does feel a bit like an echo chamber. I don't know. Maybe I'm not in the YC market, but I feel like my concerns are sidelined and not being talked about. Like I get the value of being a part of what is maybe the highest quality networking group... and there's a ton of people out there who just don't have the business perspective to avoid a lot of traps. What I understand is this: YC has 3 value propositions (and these only) - high value networking - business know how/perspective - fund raising Sounds like YC's market is: - inexperienced founders who would sell off a sizable amount of their equity without knowing what they're getting in return - people with an inadequate network - people who need money and don't know how to get it I didn't feel like y'all were talking to people outside of those 3 groups, and y'all are experienced founders who know why it's important to know your market. I'm not any of those, so it just doesn't make sense to me.
@leo_sn Жыл бұрын
Interesting. What are your concerns?
@ReactiveWork Жыл бұрын
If you go to the "About" page on their website, they provide a long detailed list of all the benefits they provide. They've also got longer videos on this KZbin channel that cover the topic in more detail. Their program is much more than just a networking & fundraising avenue.
@leo_sn Жыл бұрын
@@ReactiveWork I don't think they're saying that there are no good things about YC, I think the arg is that they think there are bad things that are not really discussed
@ReactiveWork Жыл бұрын
@@leo_sn If his only exposure to Y-Combinator is this video, then sure - it's a brief video covering a few topics and not a refined marketing pitch with full program details. But they are very transparent about the cost involved (the equity you sell them to join, if accepted) and all of the legal paperwork is on the website so you aren't ambushed by it. In exchange for the 7% equity you get a bucket of cash + all of the other resources they offer. There's no secret negative to the program.
@tannermeade Жыл бұрын
@@ReactiveWork I've been following YC for years. Lots of quality content. Been through the Startup School as well (mostly to see and understand what they are doing with it).
@mukulnamagiri81602 ай бұрын
😊 i am applying guys i hope i dont mess up the application I will apply with my brother
@chrispaulclips Жыл бұрын
My business partner and i have started a company in and around the NFT, Blockchain market. I am based in the UK. Am able to apply?
@TheCornField_ Жыл бұрын
Very enlightening. My mom actually sent me yall's youtube channel. I know I'm going to apply some day! Just don't know with what yet. Love what yall do, been watching some vids here and there and gonna keep watching! Please keep putting out good content haha. I had one question about the program. Do the applicants move to where you are? if so, is there housing you guys know of or how does that all work?
@quentin2578 Жыл бұрын
YC's investment is also meant to fund your team's 3-month visit to the US as non-US-based founders.
@nguyenbang4942 Жыл бұрын
@@quentin2578 oh it's great
@Marco-wz8xw4 ай бұрын
That was my question too. Thank you for clarifying!
@CaliforniaRussianRiverBees2 жыл бұрын
This was the greatest Y Combinator Video for 2022. Tell the truth 💯
@chadp1124 Жыл бұрын
We haven't heard back from Ycombinator for the 2022 batch. The deadline is the 17 and 18th. Will all companies be notified if they didn't or di make it to the interview round by then?
@Regina.Clarke Жыл бұрын
Thank so much for this!!! I’m aiming for applying for the Summer 2023 batch.
@morrisisraelnyakehabou46893 ай бұрын
I'm coming to Y Com soon!!
@chan90s Жыл бұрын
Does YC hiring platform sucks or do I suck ? Have applied to a bunch of YC companies for tech roles. Haven't heard from anyone. On the other I have used founder dating platform in the last - incredible
@emmanuelokorafor1705 Жыл бұрын
Are YC interviews remote for international founders?
@danielkritzinger Жыл бұрын
Why is this content not in podcast form? Would love to be able to listen to these discussions outside of youtube!
@tipsytennis Жыл бұрын
I applied and haven’t heard anything yet. Who’s on the same boat??
@sudeeppatra3648 Жыл бұрын
Here
@freefallappz2 жыл бұрын
Yc might add some good value but you have to hand over waaay too much equity for it
@TheAIEpiphany Жыл бұрын
Super informative, thanks for sharing this guys! :)
@chenalee37302 жыл бұрын
Would you ever cover venture studio stuff in this channel? I’ve gotten a contact from one and they are trying to sell but the equity deal seemed very shady. 1M from day one for a CEO(business person they find)+CTO(software background) team but the team only gets 30% total right off. The studio + their capital partner(?) take 60% from the beginning
@SouravBhar122 жыл бұрын
Run in the opposite direction. Hard no.
@joecod2982 жыл бұрын
Does YC accept non tech solo founder?
@kn0wl3gd3g0d2 жыл бұрын
You can apply to their startup school and find a tech co founder
@kn0wl3gd3g0d2 жыл бұрын
@Salah Shoman Y c offers it
@medwincorreo3073 Жыл бұрын
Thank you for sharing this, can you share story about board sit ?
@KYRIOS_DRAGON5 ай бұрын
What if you dont live in US? Is that a problem?
@KYRIOS_DRAGON4 ай бұрын
I check it. No there is not a problem but you have to go there for three months if they choose you. Don't worry about the money because if they choose you take 500.000 and you can use them also for that.
@VANCOUVERHOUSEFINDER2 жыл бұрын
You guys have to understand there are yc wanna be accelerators who want take a piece of the pie. Yc will get less people over time because it is difficult to get in
@YoungJewelerYaa8 ай бұрын
The whole mafia part was hilarious 😂👍🙌
@visionofseattle7147 Жыл бұрын
Super curious? If you haven’t heard back if you submitted before the deadline, what does that mean? It’s getting close to nov 11th? 😂🎉😅
@StreamAgency2 жыл бұрын
What's the Club-password to get into YCombinator? I'm trying to be a made-man! I don't know of too many products that provide hope, inspiration, direction and money. The product is insanely good.
@vlogmoinc55972 жыл бұрын
I put in so much work and didn't get in but a shirt made of trash made it in the batch
@crebspark2 жыл бұрын
Oh Michael, you a mafia, you ignored all my emails lol 🤣✌
@Apexzy2 жыл бұрын
Lol, sent numerous emails, no response. Had to give up.
@Apexzy Жыл бұрын
@dailydose, I sent emails since 2021 till recently. I decided to stop. It's not worth it. Wishing everyone who applies to YC the best. But if we don't get in this year, I'm not gonna be sending numerous application. Been sending applications since 2019. All rejections. It is what it is.
@YoannBuzenet Жыл бұрын
thanks guys, perfect
@BornAgainRevival Жыл бұрын
Excellent... Terribly excellent! "One day"... One day I'll be there! I'm trying...lol Thanks for sharing, James & Rescue Kitties
@vraj98815 ай бұрын
I bet Michael at 19:09 wanna do "Sign of the Cross" gesture 😅🤣😂😂
@andreagaming69262 жыл бұрын
I have a very great business idea but i don't know how to apply to YC. I think you should give me a chance.
@ycombinator2 жыл бұрын
Apply to Y Combinator: www.ycombinator.com/apply/
@DeeBall2 жыл бұрын
never think your idea is great
@echavarria872 жыл бұрын
@@DeeBall exactly this! Fall in love with the problem.
@d7ffab9792 жыл бұрын
kzbin.info/www/bejne/onvEpqZ8n8R3qtE 16:40
@kayhantolga2 жыл бұрын
Michael Seibel: I don't know, why do you think we suck at that(people miss understand what is ycombinator) though Dalton like it's pretty obvious we are bad at it. ## few minutes later Michael Seibel: We are not mafia but it is not completely false.. 😂
@Magns-AI-m Жыл бұрын
As universe doesn’t have a starting point, it’s the same ideology for Mr. Michaels forehead!
@herdi1510 Жыл бұрын
I am betting YC is rejecting our application again, and that is why this video show up at my KZbin frontpage even Microsoft has backing us up. preparing for my mental health😨😧😦
@LarsOutzen Жыл бұрын
this is probably the best info from you so fare
@GregDubela Жыл бұрын
You guys track us pretty good.
@VANCOUVERHOUSEFINDER2 жыл бұрын
You guys are so funny: don’t try to sell yc to people who aren’t getting in. This is torture. Also michael really got in on the whole mafia life and how similar it is to yc . Dalton is like …. Ooookay. Michael’s been watching too much goodfelas. This is too funny
@burnsaga2 жыл бұрын
Pretty sure that's in reference to Ryan Breslow (and possibly others) being vocal on Twitter/etc about YC being "Mob Bosses"/"Mafia"
@margaretcezar11092 жыл бұрын
Thanks Dalton and Michael. You are too funny. Lol 😅
@rrichforever2 жыл бұрын
Please YC, kindly work on increasing the percentage of African intakes.
@andy_ppp2 жыл бұрын
You should help people fund raise who aren’t in YC. It sounds horrible out there.
@intptointp6 ай бұрын
Lol. 5:00 Not saying it’s a mafia. But I can’t say it’s NOT a mafia. Just watch yourself. 🤨
@vlogmoinc55972 жыл бұрын
I'm ready to take the oath of silence
@kdme2 жыл бұрын
they are totally a mafia! 😂
@LilNewtGingrich2 жыл бұрын
lol the mafia edit
@ronallan8680 Жыл бұрын
Why did he sound so much like a Mafia kingpin trying to explain they're Not Mafia
@mus3equal Жыл бұрын
👍
@SelmanF-j4w2 ай бұрын
I find videos so helpful but Michael’s laughing so frequently and so annoying. It’s like watching Tom cruise laughs in his movies It’s like you wake up at midnight and hear tick ticks of clock or drop of water in drain. Anybody has same problem
@chandansheth1 Жыл бұрын
These videos are where YC pitches to the world to invest their 7% .. haha .. hehe.. hohoho ;)
@Teedot.I2 жыл бұрын
Has anyone who's applied for Winter 2023 batch been accepted? Comment below please.
@markclingalinsonorin80512 жыл бұрын
there are 7 companies already got accepted,
@Teedot.I Жыл бұрын
@@nitishgautam that's lastest they'll announce for interviews for early applicants.
@Teedot.I Жыл бұрын
@@markclingalinsonorin8051 how do you know the Numbers?
@przeor2 жыл бұрын
For some reason, I don't like this format of YC videos - do you have similar feeling?
@HeyItsSahilSoni2 жыл бұрын
This is fun, what don't you like?
@kn0wl3gd3g0d2 жыл бұрын
I like it
@todayu Жыл бұрын
In the words of Homer Simpson... "Shut up and take my equity!" 📑✍🏾 Great video. I've watched a ton of YC content while getting my company off the ground and this was the video that convinced to me to stop watching and start applying. 🙌🏾
@bluepunkrocker2 жыл бұрын
I'm ready to start my business! I watched a whole 3 videos so I think I've got this lol web3 eat too earn LFG 😋 love the content guys!
@echavarria872 жыл бұрын
I think you need to watch a little more than 3 videos lol