Getting Into Y Combinator Is Tougher Than It's Ever Been

Amid the flood of big tech layoffs, entry to Y Combinator has become the most competitive it's ever been. From a report: Silicon Valley's premier business incubator has received 44,000 applications so far this year, the most ever, and the acceptance rate for its summer batch was less than 1%, the lowest in the organization's history. Garry Tan, the president and chief executive officer of Y Combinator, said he anticipates "little tech" will thrive even in a turbulent economy. Cuts at big tech co