[nostromo]

> There has yet ever been a startup that has developed after a rejection from YC.

And you know this how? It seems even YC couldn't know how many false negatives they have had.

> There's a lot more action in the east coast for tech then there are out here.

Citation requested...

[jw84]

I know this because no one reports it. Everyone moves on. To another idea, to another company. The better candidates work for a YC company.

Deal flows in Boston and NYC is better than Silicon Valley right now. Pay attention to OnStartup.com, JasonLBaptiste.com, and things Bijan Sabet is saying.

[jeromec]

Here is a thread about some YC-rejects that went on to either raise money, get acquired, or otherwise do well.

http://news.ycombinator.com/item?id=1191566