Thanks to all of the Y Combinator Staff for taking the time to read our application. I wish those who made it through best of luck with the interviews. To everyone who didn't, I'm going to keep going, I hope you will also!
Ditto the thanks to the YC Staff for going through the slush pile. Best of luck to those who got invited to Boston.
We didn't make the cut, so we're incorporating within the week, cementing our partnership with a 3rd team member (Columbia biz school prof), and immediately seeking funds from more conventional (although more dilutive) sources. We are also looking for one more hacker to join us. We can pay $5k for sure (possibly more depending on alternative funding) + equity for Jan-Mar in Palo Alto area. We're building a collaborative investing system that's quite different than the ones out there, and we have team members with deep domain expertise.
We're going with an ex-Cooley Godward lawyer for our incorporation. It's more expensive but in the big scheme of things, we think it's better to get this done right and have someone experienced to handle equity arrangements and contracts.
At least we'll all qualify for a future version of Jessica Livingston's Hackers at Work book...being rejected at least once is a general theme of the interviews!
