Re:I Am Sam Altman, President of YC Group. AMA
by S4M on Wednesday September 28, 2016 @03:11AM
(#12595950)
I did apply for the YC summer batch 2016, and for the YC fellowship through "Apply HN". I wasn't selected but someone saw my application and contacted me to become my cofounder. It didn't end up working out but I can see how public applications can be a way to meet cofounders.
Perhaps if YC let individuals apply without an idea to a loosely structured hackathon/conference, some good relationships would form. YC could fund the whole thing, and take a small stake in any resulting companies. Though, that's a little bit legally murky, so some consideration would need to be put into the means by which YC would benefit.