Hey Liviu, it did pretty well for a few years after YC, but there were lots of competitors in the image sharing space (Pinterest, Imgur, etc) and traffic + ad revenue eventually started declining. I actually kept it alive until somewhat recently.. but was finally time to pull the plug. Was a great experience though and learned a ton :)
Yeah there are so many ways a startup can fail. YC gives you money and advice from smart people, which increases your odds of success by ~5-20%.. but founders need to actually build something people want and will pay for (which is super hard!)
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Hi Gabe, I see that you were in a YC batch with a previous startup of yours called imgfave.
What happened to that startup?
Hey Liviu, it did pretty well for a few years after YC, but there were lots of competitors in the image sharing space (Pinterest, Imgur, etc) and traffic + ad revenue eventually started declining. I actually kept it alive until somewhat recently.. but was finally time to pull the plug. Was a great experience though and learned a ton :)
Hi Gabe, must have been quite the ride.
I think it's fantastic that you did not give up on your dream of being an entrepreneur.
Personally, I did hear about Divjoy a few months ago. Loved the idea.
A few years ago, I thought that all startups that get accepted into YC end up being successful.
But from what I'm reading about the batches from the last few years, a lot of them don't even get extra funding after Demo Day.
Yeah there are so many ways a startup can fail. YC gives you money and advice from smart people, which increases your odds of success by ~5-20%.. but founders need to actually build something people want and will pay for (which is super hard!)