Comment by Vanclief

1 year ago

We recently applied to the current YC batch and got rejected. Seeing this just made me die a little inside.

We are a small SaaS that has very happy paying customers and a huge market. We solve a boring problem, with boring technologies and we are not the next OpenAI or Stripe. Yet we have easily a 10,000 X potential.

I feel like YC now prioritizes funding things that can be hyped more instead of actually funding things that can be solid software businesses.

Your profile mentions something with Blockchain? I'm not too sure, but are there any use cases except for Bitcoin stuff? From the solutions I heard there are offen more practicable solutions available compared to using Blockchain tech.

I would not be surprised if they got the funding precisely because of the controversy potential.