Should DRS be introduced in YC applications as well ?
Unsure how many of you are aware of the DRS - Decision Review System. You'll, if you are a Cricket viewer. Do you think Y Combinator needs to add a Decision Review System? Our last application(YC W23) got shortlisted for the interview and we were in the top 8% but got flunked in the final interview. This time it was a topsy-turvy experience, had a heap of hopes but couldn't even get the interview call. Anyone out here on similar lines ? If Yes, Your thoughts.
Doesn't matter if you're in the top 8% or 1%. You either get in or you don't.
So your DRS take is absurd because who/why will review the decision by YC. Keep yourself in place with YC (or any other VC), you get applications in the 1000s, but limited funds. Would you want to get your decision reviewed by some founder or someone else? Especially when it's your capital (managed capital), your fund and your decision? Contemplate on that for a bit.
Work harder, keep grinding, you'll either get in the next YC batch or get funding from some other VC. And that day you wouldn't need any DRS ;)
Kalan Hyrum
Stealth
a year ago
VCs & Angels are fine, Indeed got a TS for the last product but the global recognition YC badge is something different.
The money, the global recognition, the YC badge are just means to an end. What's different is your product, your company and your team.
Jordon Lee
Stealth
a year ago
Would be great to know what you are building!
Aaron Carmden
Stealth
a year ago
Pivoted from Fintech due to regs, now building AI powered Security related product
Kendall Lee
Stealth
a year ago
Seems like there should be a support group for founders who got screwed by regulations while building Fintech products. We tried our hand at building something inpayments, similar outcome
Jordon Olive
Stealth
a year ago
We got in on our third attempt. Keep at it :)
I think their DRS is allowing the application for the next cycle, and they mention in the rejectioj Letter that 50% plus successful applications are applications with more than one attempt, how many VCs allow you to pitch more than once
