Y Combinator’s Post

Reflecting on Our First Month Post-Merger: A Journey of Relief, Excitement, and Confidence As I sit back and reflect on the first month since HungryHungry and MOBI merged, I am filled with a whirlwind of emotions. Completing the merger process was a significant milestone, bringing with it an immense sense of relief. The journey was challenging, but seeing it through has reinforced my belief in the resilience and commitment of our teams. Excitement is another overwhelming emotion. 🎉 The combined powers of HungryHungry and MOBI open up a world of possibilities in the realm of digital ordering and hospitality technology. The synergy between our two companies is palpable, and the potential of what we can achieve together is truly exhilarating. We are poised to deliver innovative solutions and unparalleled experiences for our customers in the hospitality industry. However, this transition hasn't been without its moments of trepidation. 🧐 The responsibility of delivering on the commitments we've made to our customers, partners, board, fellow executives, and our dedicated teams is a weighty one. The expectations are high, and the stakes are even higher. But, in these moments of doubt, I am reassured by the incredible talent and dedication of our people. The seamless integration of our teams is a testament to the shared cultural values of HungryHungry and MOBI. Both companies have always prioritised delivering exceptional experiences for our customers through cutting-edge hospitality technology, and this alignment has been the cornerstone of our smooth transition. The way our teams have gelled together so quickly is nothing short of inspiring. What excites me most about the future is the combined power of our people. 🔥 Our teams, now united, are a force to be reckoned with. Their passion, creativity, and unwavering commitment to our shared vision give me immense confidence in our ability to achieve great things. As we move forward, I am grateful for the support and hard work of everyone involved. Together, we are stronger, and together, we will continue to create extraordinary experiences for our customers and their guests.  Here's to a bright and exciting future! 💫 💭 What do you think are the key ingredients for a successful company merger? ❓ #BusinessMerger #TeamIntegration #LeadershipReflections #DigitalOrdering #Hospitality #Technology #CustomerExperience #Innovation #CorporateCulture #BusinessGrowth #FutureSuccess

#StartupNews🚀: API Giant Postman Expands Ecosystem by Acquiring Orbit API leader Postman has acquired orbit, a platform that helps developer companies build communities. This move aims to create a more collaborative environment for API development within Postman's Public API Network. Abhinav Asthana, Ankit Sobti and Abhijit Kane Orbit's expertise will be used to integrate community features, allowing API providers and users to connect and share knowledge. Developers will benefit by discovering relevant APIs more easily and interacting with peers for optimal API utilization. The existing Orbit platform will be phased out over the next 90 days, with full functionality ceasing on July 11th. This strategic acquisition positions Postman to further empower its 30 million strong developer community. #Acquiring #BPlanadvisors #BuildingBusinesses

Exciting News in 2024! The IPO arena is set to reverberate with over 28 companies gearing up to raise ₹30,000+ crore, having secured approval from SEBI. Get ready for a ride as Ola Electric, Swiggy, (Oravel stays)Oyo, PayU, Akash Educational Services and NSDL headline the list of companies gearing up for IPOs, promising an eventful year ahead. Anticipate a dynamic year ahead as these market leaders aim to redefine the financial landscape! What is IPO :- IPO stands for Initial Public Offering. It is the process by which a private company becomes a public company by offering its shares to the public for the first time. Sources related to IPO's and the basics in comment. #IPO2024 #MarketLeaders #FinancialRevolution #InvestmentInsights

2 years ago this exact day, we were just starting our Y Combinator batch. We were pumped, galvanised by the thought of becoming the next Brian Chesky, Drew Houston, or Tony Xu. Here’s the advice I wish I’d given our younger selves when we were just starting out: 1/ It will take longer than you think. Way longer. During our batch, we sat into talks where YC alums were making sure their companies had 7-8 years of runway. We thought they were crazy, but now we understand why. Everyone knows how hard it is to get to Product Market Fit, but the thing is, you’d have to do it over and over again to continue growing despite the competition. Heck, even when you’re seemingly ahead of any competition and preparing for an IPO (Airbnb), there’s still the chance of a Black Swan event (Covid) that could destroy everything that you spent the last decade building. To my younger self: Be prepared to spend decades of your life solving the problems you set out to solve. If you succeed in building a billion dollar company in 7-10 years, great! But if you end up taking 20-30 years, that’s ok too! Just keep moving fast, and don’t ever give up. 2/ Sacrifice. Tons of it. Building a start-up is like raising a baby. We will lose friendships, we will have regrets, we will suffer mentally, physically, and emotionally. Old friends will look at us differently, and when we have problems in our personal lives, we might only have the time and energy to solve them temporarily. I honestly wish I was more prepared for a life like that. To my younger self: Relentlessly prioritise the few people in life that matter, people whom you are willing to make big sacrifices for. Once you identify them, make sure to invest fully into those relationships whenever you can. Don’t wait till tomorrow, because you’ll never know if tomorrow ends up being too late. 3/ Invest in co-founder relationships. Since our batch ended, many of our batch-mates got caught in unfortunate co-founder break-ups that brought them to their lowest points. We talked to a few of them to provide support, but can’t imagine having to go through that ourselves. I’m super thankful to have an amazing co-founder in Arvind Ramesh by my side going through all the ups and downs, as we continue trying to do possibly the hardest thing we’d ever do in our lives. To my younger self: No matter how busy you are, always remember to invest time, energy and effort into co-founder and team relationships. Even 5-minute conversations learning about each others’ personal lives will go a long way in building the trust and understanding you need to eventually succeed. Always treat your co-founder relationship like a precious plant that needs watering. It could still die even if it was once healthy. To all of you founders who are still on the hunt for Product Market Fit, keep going! There’s thousands of us facing the exact same struggles every single day. As lonely as it might feel, you are not alone - we are all in this together. 💪

📈 With 2024 right around the corner, we thought that we'd take a look at some of the top potential IPOs to watch out for in the new year. While the numbers are still being crunched, we've taken the most likely valuations for these companies that are set to #IPO in 2024. In 2023, there were a few notable tech IPOs, including Instacart. Things were a step up from 2022, which was dubbed the "worst year for US IPOs since the '90s", and are set to get even better next year.

🚀 Recent IPO Alert! In the last weeks we witnessed a remarkable moment as Instacart and Klaviyo confidently stepped into the public markets, ushering in a renewed phase of IPOs for venture-backed tech pioneers. Question who will be next? See below a short list!

Things you don't need to get started with a SaaS: → Investors → Cofounders → Startup culture → Rigid business plans → A legal department → A university degree → Years of runway → High burn rate → To be in the YC24 batch... What you need is a painful/frequent problem and a solution.

Swiggy IPO Right Around the Corner: What to Expect? https://lnkd.in/gNGkBeM9 Investors' attention is drawn by the upcoming Swiggy IPO. This major event can alter the future of the food delivery sector, but how can investors expect the outcomes from this major event? #SwiggyIPO #Swiggy #FoodDeliverySector #InitialPublicOffering #IPOShare #AINews #AnalyticsInsight #AnalyticsInsightMagazine

Unveiling Our Journey with Bolt 🚀 Embarking on Growth: Our expedition with Bolt commenced with a simple goal - to understand you better and set in motion a transformative journey. 🌐✨ Conversations as Catalysts: Talking with you was the key. Every chat, every story shared, guided us closer to the heart of your needs. 🗣️💡 Numbers and Narratives: Mixing what we learned with numbers, we got a full picture of your business. Our role goes beyond the usual; we're here to be a part of your bigger growth stories. 📊📈 From Transactions to Transformations: Realizing our purpose goes beyond transactions, we're here to be partners in your growth, not just service providers. 🤝🌱 Join the Journey: Your stories are the heartbeat of our evolution. Let's continue this journey together towards unparalleled growth and transformation. 🌟💼 ✉ Get in touch with us at info@boltworks.in. #EcommerceEvolution #DigitalTransformation #BusinessGrowth #CustomerEmpowerment #TechInnovation Bolt Experience Design Studio Triz Digital Technology Consulting

IPOs: The Glitz, The Glamour & The Risk. Excitement fills the air when a company announces its IPO.  We've seen the buzz around the IPOs like, PAYTM & ZOMATO. But let's talk real talk. I’m not sold on IPOs, and I advise my clients against them.  Why? Well, I'll explain. When a company goes public, it’s like putting on a show.  They want to dazzle investors and, naturally, sell their shares at a premium. Think about it: if you were in their shoes, would,  you offer your company's shares at a bargain? I bet NOT. You'd want to maximize your gains. So instead of jumping into IPO frenzy, why not sit back & watch the show?  Give it some time. Let the company settle into the public market. After a couple of years, when the dust settles,  that's when you can consider buying in. By then, you'll have a clearer picture of the company's performance. Sure, IPOs are trendy.  But let’s not forget; they come with risks. History shows us that IPOs can be unpredictable,  delivering mixed results in the long run. So, what's the bottom line?  Tread carefully.  __ LinkedIn News LinkedIn News India #ipo #investing #stockmarket #investmentstrategy #wealthbuilding