We make a conscious effort not to be influenced by early progress though, because there is no correlation between how far along a company is when they apply to YC and how well they end up doing.
Given how many reapplications YC gets, it seems that it should only invest in companies it thinks would do so well in the next 6 months that they won't apply in the next round.
If YC is getting fewer misses on companies that are rejected but go on to do well, how much of that do you ascribe to the selection process and how much do you ascribe to YC's increasing ability to get multiple passes at startups?
Given how many reapplications YC gets, it seems that it should only invest in companies it thinks would do so well in the next 6 months that they won't apply in the next round.
If YC is getting fewer misses on companies that are rejected but go on to do well, how much of that do you ascribe to the selection process and how much do you ascribe to YC's increasing ability to get multiple passes at startups?