Smirnoff
Joined 16 years ago
Joined 16 years ago
By definition revenue can’t be negative.
Last year YC accepted everyone into YC startup school (due to a Boolean error) and a lot of groups ended up participating without an adviser. And you get the best experience when someone actually guides you every week.
This year YC will again open the YC Startup School for everyone and YC can't scale it without having trained advisers.
Finally, I wouldn't worry too much about "advisers without experience." YC is smart enough to filter out bad apples from the bag.
After a few weeks Google caught that and banned our app. We lost thousands of customers and years of work and had to start over with a brand new app. Years later the infected app is still mining cryptocurrency because users ignore Google’s malware warning message and keep using the app.
PS: I should have said “our FORMER Android developer.”
You do your job and let them do theirs. You code, talk to users, ship, and iterate. They handle sales, operations, marketing, and maybe fundraising. These other things can be done by a technical founder but they are not fun. There is a reason why some companies hire COOs so that CEOs can focus on their job.
Finally, it's not MBAs who decided to focus on growth at all costs. It's the nature of the game. Either you get to the top or your competitors will do that. So don't hate the player, hate the game.
We just lost hundreds of orders during lunch rush hour. Users couldn't place orders via bots. The orders that were placed via mobile app or website were still sent to managers via Telegram bots. Of course, restaurant managers didn't see the orders and couriers didn't get anything as a result.
But that's nothing compared to our neighboring bot only taxi service. I think they lost thousands of orders and hundreds of drivers didn't get paid. Lesson learned: don't put all your eggs in one basket.