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End of April 2nd: "... by midnight PST on Monday, April 2, 2007"

It's ambiguous:

I think it's safe to assume that YC is not trying to trick applicants by playing with abbreviation semantics.

By midnight means before midnight on April 2nd. If this is really turning your world upside down, make your personal deadline April 1st.

It would seem that - technically - this is due the first minute of April 2nd, PST, since April 2nd begins at 12:00AM(midnight) and ends at 11:59PM.

Honestly, I think anyone worrying about this has too much time on their hands.

well said. I took danielha's advice and made my personal deadline 11:59 on april 1