$12k might not seem to be a lot of money for many. But, from the place where I come from(India) it really means a lot. We are a team of two at concept stage. We have around $20k in savings. Assuming a worst case that we don't make any revenue for an year, we would need an other $30k for our runway. I was thinking about raising this money from F&F round. But now, applying to YC seems to make more sense to me. Though the money will not cover our expenses for an year, I am excited about the acquaintance we will be gaining through this program.
