We recently applied to the current YC batch and got rejected. Seeing this just made me die a little inside.
We are a small SaaS that has very happy paying customers and a huge market. We solve a boring problem, with boring technologies and we are not the next OpenAI or Stripe. Yet we have easily a 10,000 X potential.
I feel like YC now prioritizes funding things that can be hyped more instead of actually funding things that can be solid software businesses.