Tell HN: Catch.com raises 7m. Didn't get in as solo founder (S08), kept pushing
I still vividly recall some my of earliest conversation on HN and what a transformative effect they've had on me (thank you Paul Buchheit!) http://news.ycombinator.com/item?id=157432
It was early 2008 and I had just moved to San Francisco. I was working on Catch.com with the idea of making it easy for people to capture what matters to them and let them recall the interesting ideas, notes, places, images that they had captured. I had a basic web and Android app with a fairly goofy name (3banana), but it worked.
I applied as a solo founder to Y Combinator for the Summer '08 class with high hopes. Then I get this email:
Date: 10 Apr 2008 03:13:28 -0000
Subject: YC Funding Application (aschobel)
We're sorry to say we couldn't accept your proposal for funding. Please don't take it personally. ...
Ugh. I was pretty devastated, but fortunately had enough money to bootstrap my baby for a bit longer. I knew in my heart that the time for Catch.com was right, folks we moving to smartphones in droves and that enabled a huge part of the vision.A few weeks later I hit uninteresting roadblock, a recruiter for a hot startup contacted me. I ended up interviewing and getting a job offer for a role where I could impact millions of users.
Should I keep burning money and follow my dream or join this startup with a ton of traction? To the dismay of my parents I turned down the job and pushed forward with a renewed sense of purpose.
Later that summer I met my co-founder Steve. We connected right away and I knew this was something special.
The Catch.com story continues, we raised a bit of money and made a bet on Android. We grew pretty quickly with Android and everything transformed when we change the name to Catch.com in Fall of last year.
It's humbling to see how far we've come and the huge opportunity in front of us.
It would have been so much harder to get to this point without the HN community, you are a beacon of hope.
Be determined and trust your gut.
Thank you HN & PG,
Andreas
Oh, and a bit of celebration: http://mashable.com/2011/02/15/evernote-competitor-catch-com-raises-7-million/
Yay! :P
44 comments
[ 3.3 ms ] story [ 97.3 ms ] threadI know it's a bit cliche, but I love Roosevelt's Man In The Arena:
http://www.theodore-roosevelt.com/trsorbonnespeech.html
How much did you pay for the domain Catch.com?
Sorry, I can't give the exact details but it wasn't that much.
What was really cool is the seller of Catch.com could have sold it to a much bigger company and chose us instead.
These acts of kindness are so touching, it is incredibly how people go out their way to help startups.
You reached out when my friend suddenly and unfortunately became famous over the theft of a certain phone, offering him a job if needed and any other help you could give.
I haven't forgotten it. Good things happen for good people, and many good things are sure to come your way. Thank you.
Bubble.
I'd say this is amazing but I know the amount of work you and your team have done. It's well deserved.
Dan (from Chicago)
Do your thing my friend. This is great news for you!
Good to see you're HN'ers. Congrats on raising capital.
I was the first engineer aschobel brought on board after he founded. Now I'm heading up Catch's mobile dev efforts.
The Catch Android client is my baby, so I'm glad you're finding it compelling. Please don't hesitate to use the built-in feedback links to send us comments or criticisms!
http://catch.com (yes it was easier to type it out here, than in the browser)
Mental slip.
My friends and family were the ones who were most excited about that job, it seemed a bit boring and confining to be engineer #80.
I love the uncertainty and possibilities that I face with Catch.com
I wouldn't trade it for anything in the world.
edit
I am happy for you
A good friend of mine from AudiWorld / Way0t introduced me to one his friends from one of his wine clubs. Funny how that works.
YC is in an amazing position where hundreds (thousands?) of great entrepreneurs come to them, and they get to pick and choose the cream of the crop. So please, don't their their rejection too seriously.
At least that's what I've been seeing here in HN recently.
The odds were against me as a solo founder, but why not go for it?
http://news.ycombinator.com/item?id=159549
It would have been incredible to learn and grow with YC, but I don't regret the path I took.
I recall following your 3banana posts on lurking about on AWOT/WayOT years ago. Again, best of luck.
Small world, it is.
First post on way0t mentioning 3banana was on 2006-07-27, jeebus that is a long time ago.
But glad to hear the story behind the change and see that are you doing well!
Feel free to email me at aschobel [at] catch.com to share your thoughts.
A question though. Catch has no ads in the mobile apps or on the web site, so there isn't any revenue generated there as far as I can tell. The entire product is completely free, the API is free to use, etc. How does a product like this generate revenue?
Working on that blog post now, lots of cool new stuff (non-premium) coming.
I know I do a lot.....
It's great to see you were in the same situation and chose otherwise....it's really hard to make that choice and stick with it....Kudos to you brother....
About me, I am still having to make this part time, since I felt lost after getting rejected twice for investments...and decided to take a job to stay in US and continue building my dream part time.... It is really really tought to do this part time....but I sure hope I won't give up, and come across stories like yours to keep me going, since I too feel my product's gonna touch many thousands, if not millions of lives (just like yours did?)
Thanks a lot for sharing your success story Sir, these are few and far between....
P.S. - just FYI, I was also not accepted October 2009, and have been trying to make my product....wow it;s been too long but I was really sick in between, so meh....another month might actually get my prototype going....
Great to see that you persisted. Keep after it!