Thank You, Y Combinator
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Relocating to SF is awesome if that fits your bill or your originating city has no idea what technology means. But for others, SF is not everything. That was the primary reason we opted for Techstars. We like Austin's cost of living, quality of life, seasonal climate, no state income tax, family & friends, and the list goes on.
Judging by your blog entry your resources were extremely strained; are you saying if YCombinator wouldn't have accepted you that you wouldn't have pursued any other accelerators even if it would have helped or possibly saved your business if it got bad enough? Seems like a short-sighted statement in my opinion.
What if you want to start another company in 3 years, don't get accepted to YCombinator and decide to apply elsewhere? They may read this and use it as a deciding factor.
2. I will never apply to another accelerator.
Alternatively, they may have already graduated high school.
I personally wouldn't care but I've talked to a handful of VCs in my time that were very into their firm that would take any slight against them or their firm as some egregious, unrecoverable thing. Very unreasonable people at times hence my comment.
I believe YC is the best as well, but I still respect what the others are doing.
I'm not saying you're wrong for feeling this way about YC. You aren't. Everyone has opinions they haven't bothered to verify with data, some of which might rub other people the right way. The trick is remembering that they're probably not worth sharing to a large audience, or stridently defending.
However, I don't believe accelerators #2-10 are the worst in the world. Which I also think is a disingenuous statement. To others.. things like location, industry relevance, program structure, etc. is a better fit for them or their team. I have friends that have gone through YC and failed miserably. I friends that have gone through TS and have succeeded greatly, by YC standards.
Does the market have too many accelerators that offer little-to-no value? Yes.
Now most of your users are maybe not going to care, but what's the reason behind this? It means I can't use my Dashlane auto-generated password on your platform, which in the end means I didn't subscribe...