Then again, as pg himself says, the better you are, the less of a "real" reason that you didn't get in. If you're one of the top 100 startups in this cycle, all of which have potential, you might not make it just cause there are another 35 great companies they decide to go with.
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But even failing the YC application would be a valuable learning experience - if YC won't invest in you, you'd do well to consider why.
Then again, as pg himself says, the better you are, the less of a "real" reason that you didn't get in. If you're one of the top 100 startups in this cycle, all of which have potential, you might not make it just cause there are another 35 great companies they decide to go with.
How many YC companies failed to get in first time but got in on later applications - any knowledge on this?
see this thread http://news.ycombinator.com/item?id=1745802
Thank you