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For those who thought about applying and didn't, I sincerely say you should try as much as you can to overcome your doubt next time and send an application in.

For those of you who applied, but were turned down, you should apply to future events until you get an invite. And as soon as you do, try as hard as you can to attend.

The event is seriously worth it -- even if you have to travel from some distance away, like I did. The chance to interact with the YC founders, and realize that they are really far more down to earth than our imaginations might make them seem -- ok, maybe just my imagination--, is really enlightening.

I'll admit that my doubts made me seriously contemplate not applying; against all the giants I would be competing against for an invite, what chance did I have. I imagine it is reasonably similar to the sort of doubt potential founders feel when they think about submitting an application to a YC funding round; the competition is bound to be insurmountable anyway, so why bother. That I have a reputation amongst my friends for being pretty self-confident makes me wonder just how severe of a roadblock this can be for most people against themselves, before anyone else even has a chance to weigh in. Either friends are wrong about me, or this is a legitimately huge impediment.

My thoughts eventually boiled down to this: what do I have to lose? Pride and dignity, maybe, but only if I let that happen. So I applied, against what doubts I still had.

Of course, all of the above advice is predicated on YC holding more of these events, which I sincerely hope they do. I'm sure there are many more people who would greatly benefit from being able to attend, and I'm at least reasonably sure the YC founder crowd would benefit considerably in meeting more potential employees at another event like this.

Apply? Puh-lease.

I'm a student and I crashed it on a whim. I literally got on the BART after work. Of course, it took me two hours to get there and I had to ride in the cars of two strangers.

It put a human face behind a lot of the entrepreneurs and I got to meet some really interesting people. The most important take-away I got from it was to screw architecting the perfect, solution and just launch. The second is to never let petty things like applications get in the way of interesting events.

You could find out yourself without going to this crash coarse, actually, trying to start a startup is the best crash coarse there is (note I havn't read the article, popping out for milk).
Hmm. I'm planning on doing something similar in Atlanta (I run the Georgia Tech Entrepreneurs Club).

Any advice?

Think of it as a startup product and give it a go. The short presentation format works very well.

You probably won't get the turnout YC did, but a much smaller event would end up being much more intimate, a huge plus for introverts.

If the space you use space that's going to be anywhere near capacity, pre-chill it as much as you can before the event. People and projectors are remarkably exothermic.