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Re:I Am Sam Altman, President of Y Combinator. AMA by m_mozafarian on Friday March 18, 2016 @04:23PM (#11314640)
What's the probability on acceptance for those who are applying the second time? Is it progress or right fit that you mostly look for?
Re:I Am Sam Altman, President of Y Combinator. AMA by sama on Friday March 18, 2016 @04:25PM (#11314660)
We've funded many companies on their second (or later) application. Dropbox is a well-known example.

We do look at progress since the last application, but mostly because we like effective people. Great founders get stuff done.