[murukesh_s]

It's fairly obvious in the application form itself, If I remember. They do take folks without 'traction' but there are too many applications now I feel YC find it difficult to bet blindly.

The obvious solution then would be another YC like or a sub-brand from YC that do not accept startups with existing traction, as they are just looking for a boost instead of real hand holding. I feel YC realized this and they are doing programs like startup schools to accept/help more startups.

But a long term solution IMO is there should be more YC like orgs in every country/city to really nurture and help the ecosystem. The theme of accelerators should also vary based on the location and not just try to replicate the US model. For e.g. In US, it make sense to start product companies that have global vision. While in China, or India it make sense to promote ideas to solve local challenges or B2B products that do not need the media glare that SV companies get/enjoy. Also in India and other south-east asian countries, it might make sense to accelerate companies that can provide quality outsourcing experience to small/medium product companies in the west. I am yet to see a global startup-friendly outsourcing behemoth when there is an opportunity for same.

Also I feel if a company is not accepted in a cohort, they should be given weightage in the next cohort if they are hanging around and have bettered their stats.