As a side note, the data in the graph "Number of applicants and startups accepted into Y Combinator", evidences two things:
1) the number of applicants is increasing (which is what the graph was evidently made for)
2) the percentage of successful applicants is declining steadily actually halving from (roughly) around 3-4% until 2012 to (still roughly) 1,50-2,00 later
This may be IMHO due to two factors (or a combination of both):
1) Too many startups lately apply without having a sound enough project or not original enough ideas
2) Y Combinator has become more picky when choosing who to accept
Surely it is not as easy to be accepted (in the actual YC financing program) as it may sound, I thought that the success rate was higher than that.
1) the number of applicants is increasing (which is what the graph was evidently made for)
2) the percentage of successful applicants is declining steadily actually halving from (roughly) around 3-4% until 2012 to (still roughly) 1,50-2,00 later
This may be IMHO due to two factors (or a combination of both):
1) Too many startups lately apply without having a sound enough project or not original enough ideas
2) Y Combinator has become more picky when choosing who to accept
Surely it is not as easy to be accepted (in the actual YC financing program) as it may sound, I thought that the success rate was higher than that.