Overall it is positive. Be mentally prepared, the percentage that eventually make it to demo day is not high. I came to EF to look for my co-founder. The quality of the cohort is phenomenal(on paper that is), albeit most are first time founders. There are researchers, engineers and domain experts all coming from diverse industries/fields. As the cohort size is so big, there are many possibilities. They will not so gently nudge you towards forming a team with complementary strengths and great fit to the problem. The scary part - when you look at teams that present on demo day, they look like a team tailor-made for the problem. What is the probability of that happening organically in the wild? Go for it, just the friendships cultivated with the cohort of great people is worth it.

Second this. Would be good to know as I’m interested in applying as well.