Several years ago when there were less applications and he got turned down initially...
The people in your group are what matter most to us. [...] Your idea is important too, but mainly as evidence that you can have good ideas
And Drew was passed up because his idea was bad (not given a "we like you more than your idea" option). It seems like a skating to where the puck is and not where it's going kind of thing.YC probably won't miss out on a DropBox that looks like a DropBox, but you might miss out on a Drew Houston that eventually creates a DropBox.
Now the founders have met (the group of founders has actually received an addition of an elec. eng) but we still don't have a prototype. Hopefully it works out this time around.
I would fix, but the edit link is gone :(