I've wondered if this is a skewed statistic due to the "resubmit" feature. How many of these submissions were resubmissions, versus "first-time" submissions?
It seems more reasonable to do a last minute check, and update the app with any most recent progress (as I did) on the last day.
Is there a total published anywhere on yc with total applicant teams vs accepted during last two batches? I remember someone saying yc was more exclusive than HBS now. Is that true? (harvard accepts roughly 7% of applicants)
I've seen the 3% number mentioned a few times, and seem to remember hearing that this has stayed consistent for some time (so more applications but still 3% -> bigger batch size) but I can't find the original source just now.
