[hackathonguy]

> Already, there are a few companies that have applied to YC, gotten accepted, and ostentatiously turned it down.

Can anyone shed some light into this? Why do companies turn down YC after being accepted?

[arcanus]

A few reasons I've encountered:

They require founders to relocate

They take a non-trivial equity stake as the price of admission

It's a huge time commitment

Not stating that YC isn't an incredible program and a great value proposition. Just that it has some challenges.

[scarejunba]

That doesn’t make sense. All these are public. Why apply at all if that’s the case?