Y Combinator is a startup accelerator program that guides new companies and helps them develop their ideas. It is a 3 month program that brings the company’s founders to Silicon Valley and has them meet with alumni of the program and industry leaders such as Mark Zuckerberg. Companies such as Reddit and Dropbox got their start with Y Combinator. The website actually shows the original application that the Dropbox founder sent in to the Y Combinator. It is incredibly interesting to read; I suggest you do so. After working on their startup for 3 months the founders get to present to investors on what is called Demo Day.
If this sounds interesting to you, you should consider trying to fill out the application. In the application you are encouraged to submit a 1 minute video explaining what your company does. Some of the interesting questions on the application include the following: “If you had any other ideas you considered applying with, please list them. Often when we fund people it’s to do something they list here and not in the main application.” and “Please tell us about an interesting project, preferably outside of class or work, that two or more of you created together”. There are other more specific questions that they ask. You can view the application on the website.
One of the people who review the applications that the company receives wrote an article on how to have an application accepted. Basically he advises that applicants to be specific and concise in their submissions. The reasoning behind the two questions I have previously listed is that the reviewers believe that the most important aspect to the startup is the people who are involved in it. If the idea is great, it serves as proof that the founders are great. If there is a possible flaw in the company, you should state it because it is better to make the company look bad than have the founders look bad. If a startup’s application is well done then the founders are brought in and interviewed for 10 minutes. At this point the Y Combinator picks which startups it wants to accept.
If you feel that you have great ideas, but don’t know how to code I would encourage you to try out Code Academy. It is a free website that helps users learn how to code.
If you feel passionate about an idea, but are experiencing self-doubt, I would just ignore those doubts and simply get to work. Don’t spend your time dreaming; act on your big ideas or someone else will. I personally had never written an article and had it published on a website before 4 months ago. Now I have over 280,000 page views. I am not telling you this to brag. I am trying to say that with the power of the internet, you can make great things happen very quickly. Now get to work!
Thanks for reading!