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by brokenhope 3935 days ago
Rejections are ok, but the ones with a template email is not! I dont hear anybody being rejected from a VC or an angel with a template based email!

They are getting a huge database to mine. You share your idea, progress and other things, but they dont even get time to provide a feedback! Not even focus on this or that type. Also dont forget stupid show us if we were wrong type sentences.

2 comments

I don't really know what to think except the sheer amount of applications they receive. They received over 6500 applications for their YC Fellowship program alone and the application was open for only a week. Can you imagine having to write a personalized rejection letter for each application? That would take a much longer time as oppose of sending a template email. Believe me, I would love to hear personalized feedback as much as you, but I get why they can't do it. Angels and VCs don't deal with the volume that YC or TechStar do, so they can afford to personalize their rejection emails accordingly (if you're even lucky to get one in some cases). I found these two links to be particularly interesting:

https://www.reddit.com/r/startups/comments/39kswc/vc_rejecti...

https://medium.com/@bchesky/7-rejections-7d894cbaa084

I haven't heard any stories where YC used their database nefariously and gave away ideas to other founders. This is interesting though, I'll keep this in mind.

Angels and VCs often just stop responding or respond noncommittally. The firm "No" you get from YC is way better than most potential investment deals.
i think thats is the best thing can happen as i would never get such kind of VCs or especially angels money.would love to hear real stroies, any links? i think it is almost equal to you love someone and getting no with no explanation.