Applications Open for Winter 2013 YC Funding
I've been interested in applying to YC for quite a while, but recently I graduated and moved to the south bay (near Mountain View) for work.  It really stood out to me this time that $11,000 + $3,000n is not a lot of money.  With 3 founders that's $20,000.  3 founders working in the tech industry can make $20,000 PER MONTH on typical salaries.  It seems like it would be more appealing to people without good paying work, or who are interested more for the connections (which maybe applies to me, I'm thinking about it).  Assuming all 3 founders cohabit (which I think is standard), this is a reasonable amount of money to live on, but it would be fairly bare bones if my quick mental math is right.