What's more, it's also probably because companies at YC are generally later stage now.
It's not unusual now to see companies well past launch or even product market fit prior to YC.
It's not unusual now to see companies well past launch or even product market fit prior to YC.
It was even talked about a lot from YC about how they are seeing more and more people who reapply year after year and how that is seen as a "positive signal".
And I saw this first hand from our StartupSchool batch. The only people who made it through were ones who had already had significant numbers of customers.
My point was that it seems like the needle has shifted towards companies who do have some level of product market fit. Has the percentage of companies who were unlaunched changed over time ?