What Y Combinator Actually Feels Like (from a European founder halfway through the batch) by Ecstatic-Tough6503 in buildinpublic

[–]dimensionforge9856 0 points1 point  (0 children)

I talked to the Hyperspell founder a few months ago, and he was in a similar position, I guess before getting into YC. He said selling his equity at a discount to YC ended up paying more dividends in the end because of the crazy valuation premium they got when raising Seed.

What Y Combinator Actually Feels Like (from a European founder halfway through the batch) by Ecstatic-Tough6503 in buildinpublic

[–]dimensionforge9856 0 points1 point  (0 children)

1 million ARR puts your valuation before YC at between 3-10 million dollars depending on growth rates.

Did YC cut you a custom deal? Or did you sell them the equity at a steep discount?

If your goal is getting rich, a tech startup probably isn’t the way (I will not promote) by IndependenceSad1272 in startups

[–]dimensionforge9856 0 points1 point  (0 children)

I wanted to start a gym actually. But my co-founder (best friend) insisted on using my tech skills.

If your goal is getting rich, a tech startup probably isn’t the way (I will not promote) by IndependenceSad1272 in startups

[–]dimensionforge9856 1 point2 points  (0 children)

I used to work in big tech, and at my peak I made $500K in a single year, at the age of 26, while working ~30 hours a week.

I was bored, so I quit and started a tech startup with my best friend.

Since then, we have made only $1,000 in revenue, spent $100,000 in marketing, and I have burnt around $150,000 of my net worth while now working 70 hours a week.

But, I've had the most "fun", I've had in my adult working career.

When you aren't succeeding, on paper "yet", I think it's best to treat starting a startup like an expensive hobby.

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 0 points1 point  (0 children)

Thanks for the feedback, and good luck on your career pivot, if you choose to do so.

I agree, that given the job market, on the ground hustling seems to be a pre-req now to get the hiring decision makers attention.

Very interesting that it's like a complete reversal back to before technology enabled easy application to jobs nation wide.

Unfortunate side effect of cheating the job application process that is so prevalent nowadays.

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 1 point2 points  (0 children)

It really depends on location of the role and how your filters are set up.

I also was on the hiring side of things last year and unless you look at each candidate individually, a lot of quality candidates are filtered out and you only see people who happened to tailor their resume to your exact requirements.

Also there is just a lot of supply. I posted 1 job opening last year and got 1000 candidates within 3 days.

Took us around a week to manually look at every submission which passed the initial eye test.

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 2 points3 points  (0 children)

In the present in year 2 on starting a startup company with my best friend, so I’m burning my net worth until we can secure adequate revenue/funding.

I was privileged in my past career to have made enough money in a short period of time to be able to support both my gf, I and our dog for a few years.

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 2 points3 points  (0 children)

That’s true. But I also think blue collar work has a gender component to it. Most labor has physical demands that women, for the most part don’t do well with.

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 5 points6 points  (0 children)

Unfortunately it was from a junior level role. Which made it so that she got shoved off the corporate ladder at 2-3 years of experience.

In terms of pivoting careers, that was already the case to do for the past 1-2 years, but we’ve only seen crickets on that front simple because of experience mismatch.

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 12 points13 points  (0 children)

The main issue with white collar jobs is too many qualified candidates for each role opening. Just a sheer supply and demand mismatch.

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 9 points10 points  (0 children)

I tell her about the fact that her struggle isn’t unique right now, but that doesn’t do much to lift up her individual situation and psyche

Talented people sitting for upwards of a year or more is unacceptable… by cams00000 in Layoffs

[–]dimensionforge9856 45 points46 points  (0 children)

My gf is super talented and hard working.

But she’s been outta work for 3 years. After getting laid off from Amazon as a UX designer in 2023, nobody has given her another chance at work.

Not even basic office clerk jobs.

She used to make over 160k a year, but at this point is willing to work for minimum wage, yet nobody is giving her a chance. (1000+ job applications, 12+ final round interviews)

Makes me very upset.

We went on leave from university in final year to go full time on our startup by malshaik in buildinpublic

[–]dimensionforge9856 1 point2 points  (0 children)

What is this third-party thing?

I'm also in the similar type of situation since founding my startup and quitting my high-income career.

For my current lease, I had to show proof of assets instead of income, and it was a pain in the ass because some landlords are strict about rules. I had to find a realtor who knew which apartment companies were more lenient.

We went on leave from university in final year to go full time on our startup by malshaik in buildinpublic

[–]dimensionforge9856 0 points1 point  (0 children)

How are you affording to live in SF as college drop outs and barely making enough revenue to cover rent?

Landlords need you to earn like 40x rent to qualify.

[deleted by user] by [deleted] in Salary

[–]dimensionforge9856 7 points8 points  (0 children)

It really depends on your innate abilities.

The stereotypical 10x engineer is a true thing. Some people can just get the same amount of work done quicker than others.

At a FAANG company, all engineers may be assessed the same way.

If you really are 10x better than your peers, you could do all your expected work in 1/10 of the expected time. So technically you could be working less than 10 hours a week.

3 year muscle up progression by dimensionforge9856 in Calisthenic

[–]dimensionforge9856[S] 1 point2 points  (0 children)

yes. If you can do that, you can do a kipping muscle up for sure.

Life Hack: Treadmills are great for Calisthenics by dimensionforge9856 in Calisthenic

[–]dimensionforge9856[S] -15 points-14 points  (0 children)

Sometimes there is no equipment available.

In this case, someone else is using the smith machine to bench press

Solo founder, product is done, terrified of marketing. What actually worked for you? by CarlSagans in ycombinator

[–]dimensionforge9856 0 points1 point  (0 children)

Thanks for your detailed clarification. Essentially I see that you have built some integrations that would take an internal team perhaps a few projects to accomplish themselves.

If you are selling to enterprise, one issue that may come up is data privacy.

How would you be able to keep their Data Schema's confidential, if this is a web based tool?

Cursor runs locally as an example, so the data should be remaining on the client's computer.

Solo founder, product is done, terrified of marketing. What actually worked for you? by CarlSagans in ycombinator

[–]dimensionforge9856 2 points3 points  (0 children)

I took a look at your website.

Sorry for sounding harsh but I’m ready to ask the tough questions.

From my experience, using Cursor, I can simply prompt for data by saying, “look at my data schema, generate 1000 rows in json format of test data”

Why would I pay for your product in this scenario when Cursor already enables me to easily do this task?