Our YC Rejection Email After Interview "Unfortunately we decided not to fund you. While it seems that paying freelancers working in emerging countries is a real problem, we had a hard time understanding exactly what solution you'll be able to provide that couldn't be replicated by either Paypal or Western Union. It's possible that we just don't know enough about this market to fully appreciate the specific details of your solution but unfortunately we're reluctant to invest in businesses that we don't completely understand." Harj My question is, just because PayPal can do what we're doing does that mean we should not address the problems our customers are having for years? Didn't PayPal copy every other idea out there from multiple payment startups and still failed to stop these startups' growth because their version of what these companies are doing sucks? (PayPal does not listen to their customers and Western Union is worse) |
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