Easy answer: apply to both. Usually, you won't even have to figure out the answer to that question, the "market" will decide for you.
Just like YC, having been selected at TC50 or DEMO opens doors. Remember that VCs, corporate M&A people, etc. are swamped with requests from every possible geek who thinks they have an idea. They need to apply some kind of filter.
Just like YC, having been selected at TC50 or DEMO opens doors. Remember that VCs, corporate M&A people, etc. are swamped with requests from every possible geek who thinks they have an idea. They need to apply some kind of filter.