Sure :) We're a dev tools/services company. We applied back in 2011 and 2012, got one straight rejection and one interview rejection (not my first either, I got an interview rejection with my first startup ever two years before that!).
We got really close but it wasn't in the cards. Ended up bootstrapping after that, and went to TechStars instead based on a recommendation from a friend (I really felt a need to do one of these programs, insecurity in hindsight). Came back from that and kind of fell into what became Ionic (http://ionicframework.com/) which was a side project for us, found some good traction with it and it consumed us and we ended up doing some VC rounds over the last few years (and continuing to grow nicely, millions of devs, etc.).
There's a long ways to go still but if you believe in the team you have, then you should do whatever you can to make it work. That combination of the right people at the right time is one of the most precious things and something that only you can assess. Not everyone will see the potential, but you realize quickly that they aren't the gate keepers: customers are.
We got really close but it wasn't in the cards. Ended up bootstrapping after that, and went to TechStars instead based on a recommendation from a friend (I really felt a need to do one of these programs, insecurity in hindsight). Came back from that and kind of fell into what became Ionic (http://ionicframework.com/) which was a side project for us, found some good traction with it and it consumed us and we ended up doing some VC rounds over the last few years (and continuing to grow nicely, millions of devs, etc.).
There's a long ways to go still but if you believe in the team you have, then you should do whatever you can to make it work. That combination of the right people at the right time is one of the most precious things and something that only you can assess. Not everyone will see the potential, but you realize quickly that they aren't the gate keepers: customers are.