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Re:Ask PG: Do you every track down successful YC rejects to ... by pg on Wednesday November 09, 2011 @02:22AM (#3214653)
Yes. Whenever we discover that we missed a good startup, we go back and try to figure out why. We've changed the selection process several times because of such mistakes.

We're not so systematic about looking at the applications of groups we fund that don't do well. Partly because when we mistakenly accept a startup, the mistake is at the interview stage, and partly because we don't worry nearly as much about mistakes in that direction.

Re:Ask PG: Do you every track down successful YC rejects to ... by malandrew on Wednesday November 09, 2011 @11:05AM (#3216010)
Interesting. Are there any lessons you learned upon going back that are particularly memorable?
Re:Ask PG: Do you every track down successful YC rejects to ... by pg on Wednesday November 09, 2011 @01:38PM (#3216756)
Don't panic if we're funding a lot of groups on the first day of interviews; have someone take a second look at the applications Rtm gives Cs to; pay more attention to the founders than the idea.
Re:Ask PG: Do you every track down successful YC rejects to ... by zbruhnke on Wednesday November 09, 2011 @06:30PM (#3218045)
"have someone take a second look at the applications Rtm gives Cs"

lol I am sure that can become quite a chore