Yes, that is correct. I probably should have qualified it as you did, but you are right. I commented down below here somewhere that the whole idea of Lean Startup / Customer Development is to test your ideas and hypotheses with actual customers who are feeling the pain.
This does bring up the idea then that a YC pitch is a whole animal unto itself. I wouldn't have enough experience to know what the main differences are between a YC and a customer pitch, but as you mention here, in the one case you are presenting your story and value proposition to customers who would be personally interested in the solution and directly feel the pain and in the other case to someone who is managing a portfolio of startup companies and evaluating for "fit" and "merit". Those words are in quotes because I don't know what those measures are specifically for YC, and there are likely many other considerations.
I've commented about how the VC process is likewise totally screwed up with investors who neither feel the pain nor totally understand the markets and wield far too much power in the form of the checkbook. AND they underperform the markets in any case.
This does bring up the idea then that a YC pitch is a whole animal unto itself. I wouldn't have enough experience to know what the main differences are between a YC and a customer pitch, but as you mention here, in the one case you are presenting your story and value proposition to customers who would be personally interested in the solution and directly feel the pain and in the other case to someone who is managing a portfolio of startup companies and evaluating for "fit" and "merit". Those words are in quotes because I don't know what those measures are specifically for YC, and there are likely many other considerations.
I've commented about how the VC process is likewise totally screwed up with investors who neither feel the pain nor totally understand the markets and wield far too much power in the form of the checkbook. AND they underperform the markets in any case.