I was talking to PG the other day, and he told me that the quality of the startup founders in YC are getting better and better every batch. Founders are more savvy now, and no longer ask questions like, "So when we get money from investors, when do we have to pay them back?" In the same way that you should hire people better than you, I'd want the next YC batch to be magnitudes better than our batch. So to that end, I'll try to channel my inner PG, and share what I think YC is looking for in their applicants.
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