dalton

9 ms·

1.
by dalton 3y ago
For those curious, YC funded an open source financial ledger company in S21: https://github.com/formancehq/stack
2.
by dalton 5y ago
Hi there - this is not a pro-rata investment, we are investing this 375K right away
3.
by dalton 6y ago
I realize that this is likely to be less illuminating than you would hope, but the Retool founders were relentlessly focused on getting their first users, building quickly, and getting to profitability as if their lives depended on it. Witn
4.
by dalton 6y ago
Congrats to Retool! I worked with Retool when they were in the YC W17 batch. They were previously working on a p2p finance app for the UK, and I remember sitting in the conference room when they told me they were pivoting to Retool. The Ret
5.
by dalton 6y ago
I don't have much to add to all of the other YC-related information out there - I think having a cofounder is generally a good thing, but not every company we fund does.
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by dalton 6y ago
My colleague Jared put together some great advice for hard tech/bio founders and we talk about a number of the companies we have funded here: https://www.startupschool.org/videos/78 He talks specifically about wha
7.
by dalton 6y ago
I haven't heard that term before - but excellent advice!
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How YC will be funding the S20 batch(dalton.substack.com)
150 points by dalton 6y ago|43 comments
9.
by dalton 6y ago
That's a fair point, and there are a number of situation dependent factors. I wrote this letter to myself because I know what I would do differently 12 years ago and I have the benefit of hindsight now. Obviously the crisis is differen
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by dalton 6y ago
For large dollar value contracts you usually have an account rep/point of contact you can get on the phone. You can explain to your rep what you are dealing with, what your budget is, and make a concrete ask. I get the sense that the l
11.
by dalton 6y ago
Hi, I am the author of this post. As I said at the top my intent was not initially to publish it widely, but here we are. If anyone has questions about what I wrote I'm happy to answer them here.
12.
by dalton 7y ago
Hello HN, I am the author of this - it's part of a series of short posts about startups I that worked directly with at YC. This is the first one I have posted one to HN. Let me know if you have any questions. Also I would love to hear
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The Three Questions: Culture Biosciences(dalton.substack.com)
14 points by dalton 7y ago|4 comments
14.
by dalton 7y ago
Hi, I am the partner at YC who funded PostHog, though originally for a different idea. I think this can be a great business, we have funded startups following similar models like Gitlab, Mattermost, etc. Excited to keep funding more :)
15.
by dalton 7y ago
Tons of examples of no traction/fast moving teams out-performing, ie Brex pivoted and had no growth or traction at demo day and it worked out pretty well for them :) https://twitter.com/daltonc/status/11389522
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by dalton 7y ago
imagine we are talking about CPU clock rate - the rate at which founders are able to make progress - which means everything from how many customers they can talk to in a day, how fast they learn from running a test, how fast they can build
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by dalton 7y ago
Hey Dom, we worked together directly when you were in YC, and I deeply disagree with your assessment that having progress helps a startup succeed in YC. The worst case scenario is a newly accepted YC startup with a little bit of traction...
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by dalton 7y ago
From the feedback from YC, lack of MRR isn’t the takeaway, and I think both OP and a lot of people on this thread aren’t getting that.
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by dalton 7y ago
I would recommend “hustling” for a period of time before the interview, rather than as a reaction to the outcome of it :)
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by dalton 8y ago
Yes, you are off. Our apps submitted metric is growing. The reason we started sending out emails to remind people of the deadlines is the sheer # of founders we talk to in person and over email that complain that they missed the application
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by dalton 8y ago
I'm the head of admissions at YC and I can assure you that a huge percentage of the companies that we interview and fund are at idea stage. One explanation I have for why it my appear the startups we fund are "far along" at d
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How to Clone Mineral Water (2012)(ediblegeography.com)
82 points by dalton 9y ago|13 comments
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Polymail (YC S16) looks to unify business email tools into a single web app(techcrunch.com)
47 points by dalton 9y ago|18 comments
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by dalton 9y ago
that is correct.
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by dalton 9y ago
If you have already submitted your application and then your startup has material changes to the idea, new cofounders, huge progress, etc. you can email us using this form https://www.ycombinator.com/contact/ and we wi
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by dalton 9y ago
Is Medium forcing sign-in to view blog posts a new thing, or have I just never noticed it before? https://i.imgur.com/VreES7R.png
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by dalton 10y ago
I appreciate both of your sentiments, thank you. I continue to be at least somewhat optimistic that non ad-supported models are worth trying. It seems like Patreon is doing really well and is perhaps something we can all learn from.
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WorldCover (YC W16): Peer-To-Peer Funded Crop Insurance in the Developing World(blog.ycombinator.com)
11 points by dalton 11y ago|2 comments
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StealthWorker (YC W16) Is a Marketplace for Talented Cybersecurity Specialists(blog.ycombinator.com)
12 points by dalton 11y ago|0 comments
30.
Netbeez: Network monitoring with Raspberry Pi(netbeez.net)
49 points by dalton 11y ago|15 comments

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