Yes, but there is still a cost to doing YC--7% is a lot for many founders to stomach, especially if you already have some traction and have already raised. Not to mention it's much harder to move a full team of 8 people to California than a small team of 2-3 founders.
Companies in that position, like we were, often ask if it's worth it. I wrote this article to answer that question: Yes, it's still worth it.