How to evaluate startup ideas by Kevin Hales, Partner at Y Combinator

Techmade
9 min readAug 20, 2021

Opening statements

Myths

YC only funds companies with tons of traction that nowadays the only way to get into YC you must have tons of traffic or revenue. Part of that has to do with the press and the companies that make it to demo day, those are the stories you tend to hear. But there’s lots of great stories of companies who got started with just an idea, like Zenefits who was a single non technical founder who pitched an idea to YC and got in. Reddit is another, they hadn’t written a single line of code.

How can i predict if an investor will like my idea

At YC, the definition of a startup is a company designed or created to grow very quickly. If you’re not trying to build a company that grows very very fast, then you’re just building a normal company, a small business. So you just need evidence that your company can grow quickly.

Kevin will never tell you he doesn’t like your idea because the avg. investor you…

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