PG charts acceleration of YC applications since noon
chart.googleapis.com
chart.googleapis.com
The current rate is about 1.3 applications per minute. I'm guessing that will increase smoothly till the deadline, since the curve looks so smooth so far, but we'll see.
And yes, I think the rate will probably continue to accelerate till the deadline.
I began filling out the form on the day the application window was announced. Halfway through, I realized the answers I had to some of the questions on the form, were either unconvincing or simply non-existent. As I progressed, I realized that me and my idea both sounded increasingly half-assed, so I promptly stopped, saved the form, quietly went back to the drawing board and started attempting to figure out the answers.
It has been roughly two months since that day, I guess. I still don't have all the answers but I can at least tell myself now that the idea is worth a shot...
I only picked up the URL via his twitter post.
I ended up on:
Assuming a distribution and working with a simple e-function, around 3.500 total applications with an acceptance rate around 1.25% (batch<50) might be a ballpark estimate.
May it be one of the first of many such convex curves.
Reminds me of Nasim Taleb's smile and frown demonstrations vis a vis fragility and anti-fragility.
I wonder if that graph would look closer to a bell curve or exponential decay.
Applicants that submit at the last minute have likely been thinking about/living with the problem for a while, and they are able to quickly articulate the problem, their solution, and the reason that they will be successful.