Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

My business (LabSlice) was just announced as a semi-finalist. I didn't even realize it was publicly announced until I clicked this link in the poster's blog: http://aws.typepad.com/aws/2010/11/aws-start-up-challenge-20....

I am just a data point, but it's worth mentioning that LabSlice has no VC funding at all, and is truly a startup (ie. the website has only been online for a month or so). So on the one hand I can attest to some success, even without serious VC backing. On the other hand I will admit to surprise that the AWS competition classifies a startup as a business with less than $10M in revenues or $10M VC funding. Sure, they may technically be a startup, but they are in a much different league to the guy in the basement.

In some ways it would be pragmatic to have a VC funded tier and a non-VC funded tier. That's the only way to differentiate businesses to give a better chance to the little guy. But in reality this is a competition that Amazon funded out of their pocket and they can call whatever rules they see fit.



Wow...I never knew about the part "as a business with less than $10M in revenues or $10M VC funding". Now it sounds like the contest is only a PR exercise. Not that it is surprising though.


"... that have not generated more than $10 million USD (approximately 7,584,950 EUR) in gross annual revenues and no more than $10 million USD (approximately 7,584,950 EUR) in outside funding."

I didn't want my own words to be the only source for this claim, so above is a cut'n'paste from the rulebook.

But still, LabSlice (and I believe one or two others) aren't near these figures and did get some sort of nomination.




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: