unistart reposted this
------ Demystifying the YC Interview ----- Y Combinator is undoubtedly the most prestigious AND famous accelerator in the world. They've backed Coinbase, Stripe, Airbnb, Instacart, Dropbox and a gazillion other legendary companies. Their application process is very straightforward. One written application, and if it goes well, they select you for an interview. A 10 minutes interview for a $500k seed investment. Our team at unistart crowd sourced 75 questions that have been asked in the past: What do you understand that others don't? Why will you succeed? How big an opportunity is there? What problems/hurdles are you anticipating? Who would use your product? How much does customer acquisition cost? How will you make money? How much money could you make per year? How many users do you have? What is your user growth rate? How many users are paying? How are you meeting customers? How are you understanding customer needs? How will you get users? Who would you hire or how would you add to your team? So what are you working on? Do you have a demo? Where is the rocket science here? How does your product work in more detail? How is your product different? What are you going to do next? What's new about what you make? What, exactly, makes you different from existing options? Who needs what you're making? How do you know customers need what you're making? Why isn't someone already doing this? What obstacles will you face and how will you overcome them? How will customers and/or users find out about you? What resistance will they have to trying you and how will you overcome it? What are the key things about your field that outsiders don't understand? To see the next 45 questions, visit unistart [dot] io / blog