I am curious which companies got selected, which didn't and why? How do you feel about it and what you are going to do?
Not gonna lie but i am going to give my honest advice here.
There is nothing wrong with your idea, I think there is some kind of need out there for photo organization because people takes so many pictures nowadays that they dont even remember they have taken them.
But when I see your team is when I went, WTF? You have 8 people working on a pre-alpha photo app and you don't even KNOW if people want to use it.
AND you are hiring? What are you hiring for? More people to argue with whenever someone think of a idea? You need speed and focus at the beginning stage of a startup and having 8 person on the team is game over for you already.
Instagram is built with 2 person only all the way from original idea to pivoting to launch, and they STILL only have around 10 people on the team.
In fact there hasn't been a software startup I have seen in YC that has that many people. Most startups had 2-3 person for the first 2-3 years.
You should really consider about the size of your team especially at mvp stage.
We have 8 persons is because we have a seed round already and we want to run fast. I am learning how to balance the cost with the speed of development. But I don't think the amount of people directly equal to the cost you have. :)
Thanks for your information about the team size you have seen in YC. But I don't think that's the reason we got rejected. Will consider how to match the development speed with the size though.
We are from LookMobility(http://www.lookmobility.com), developing a product on creating Virtual Reality experience for the people who can't code and design, it is going to be powerpoint for Virtual Reality.
We have no idea why our application is rejected and also there is no regrets on it. Just move ahead and think forward!
I'm particularly interested in that area, I'd like to be notified when you go live! You should add a newsletter :)
I hope adding a demo or video is on your to-do list, it would help greatly :)
This was the first accelerator we applied to, and I of course obviously hold no ill will. I may try again in the future. I do appreciate that they said I would have an answer today, and I received an answer.
We are in the process of having our MVP built (finalizes in November), and will continue on as we have been.
In one way I am kind of happy. This is the first rejection to overcome.. who knows how many more we have ahead of us, but our passion to bring opportunity to every person who wants it will not be stopped.
I wish every company selected this year nothing but the best of luck moving forward.
We've been in the prototype phase for the last 7 months with one company using the prototype as it's sole leads source and sales platform and its helped them open over 200 new accounts and raise sales by over 200%.
We need alpha/beta testers and would love to see some other startups use it to gain traction so if anyone is interested in it let me know and we'll set you up.
It does both b2b and b2c but we're still working on the b2c aspect (a lot more data points and moving parts on the b2c side, plus a hell of a lot more leads to deal with) so we're really looking for companies that sell b2b right now but will be looking for b2c companies soon.
https://news.ycombinator.com/item?id=10467290
I got rejected, but I was expecting it - we didn't do ourselves any favors with our video, and we were way too early in the cycle (we didn't even have an english version of our webpage).
The YC Fellowship would have been a better fit for us, I really hope the experiment works and they do it again! :)
In case you didn't know about it: https://fellowship.ycombinator.com/