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Re:Ask HN: What is Y Combinator's 'anti-portfolio' like by wheels on Saturday September 05, 2009 @12:54PM (#806751)
I won't list names, but there's one team that was rejected from this batch that had raised a series A (from a good VC) before any of the teams from the batch did.

The fundamental thing is that you've got to want to start a startup, rather than to be in YC -- if you want to start a startup YC can be something along that path, but far and away most of the startups that have succeeded have done so without YC, so that's obviously a well-worn path to success.

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