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Odd title. It's sage advice but I struggle with the inclusion of "last minute". There's nothing "last minute" about this IMO - if you're having to figure any of this out at the last minute, you aren't the YC type, I would guess.


It's "last minute" because the application deadline for Summer 2014 is March 28.


I might be being naive, but I don't agree.

We've decided to enter YC 3 days ago with an new idea. Surely the fact that we have not spent months preparing betas before the YC entry deadline doesn't effect our chances of building a $1B company.

I understand that YC is primarily looking for founders with a good shot at achieving that. I don't think that not having a clear idea of what we want to build yet is as important as our ability to figure that out by talking to customers.

Paul Graham keeps hammering in that a good founding team capable of thinking up good ideas and executing them well is what matters most. So I'm choosing to take that at face value.


There are plenty of super-early or even idea stage companies that apply, right? Seems relevant in that case.


Agree. And couple of points are applicable to any stage company, so makes perfect sense.




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