Is this considered unethical or against the hackernews rules?
We label Bandsintown as a rejected company to show perseverance and because i think there is an interest in the companies that are applying to YC wether they made it or not. I am curious to how everyone feels on this issue.
As Paul has pointed out in the past, there are many reasons why a company might not receive funding, and most of them have nothing to do with the merits of the company itself. Being not accepted by YC doesn't mean that they necessarily think there's anything wrong with you -- in this case, "not accepted" is not a synonym for "rejected".