But you can either prove it and show that the feedback is invalid. Like, "Hey, we're worried about your growth strategy, blah, blah, blah." Well, go prove it. "Yeah, we did grow, here's what we did." We'd love that, we'd love to be disproven. Or, "Hey, you were right about the growth strategy, and so here's the changes we made." That's great things to hear too. And so that's a great way to take this feedback into account, is demonstrate either why it was not valid or that you've addressed it.
There's not many but I do think there is a couple of good reasons to not apply. One is, you have the kind of business that is either not anticipated to be fast-growing enough nor in your ambition is something that ever makes sense to raise venture capital for. And if that does not make sense for you, then, yeah, you probably shouldn't apply to YC. Like, you should not raise any venture capital, you should make the growth rate work for you and make the business model that works for you, and that's A-okay, right? So, no sweat, that's a good reason. And the other thing is, you're just not sure you want to work on this very long. All right, that's also a valid reason. We're used to working with people that are working on something for a very long time. And so if you just want to do something for a few months or put this on your resume, then, yeah, that's a fair reason to not apply.
Peter Reinhardt [09:28] - And then we forgot about it for like four months. Four months later, we cleaned it up a little bit more. Four months later it cleans up a little bit more. As I mentioned, now we're struggling, at that point we're struggling with this question of, "Well, I already have Mixpanel installed, so I don't really want to use your analytics tool." My co-founder, Ilya, has this idea. He's like, "Remember that little library we wrote that sort of abstracted away the differences between these tools and let us send data to all three. What if we added ourselves as the fourth service that it could send data to and then every time someone has that objection, we hit them back with an open-source library that they can use to send to us and them." That seems like a clever growth hack. It gets us around this problem. So we did that, cleaned it up, open-sourced it. And people started replying like, "Oh, this library's great, we'd love to use it." Couple weeks later we'd follow up and be like, "Hey, we saw you're using the open-source library. But all you have to do is copy/paste our API key so that you can use our analytics tool. Could you just copy/paste the API key?" "No, like, eh." We started just feeling like there's some traction on this little routing library which was maybe up to like 25 stars on GitHub or something like that. Not much. But some people are issuing pull requests and it's the first time we've ever felt sort of like pull from the market, if you will. It was, we weren't just pushing a boulder uphill. It was a little different, but subtle.