It doesn't really matter if participants have a low(er) IQ, or went to a non-elite school. As long as they are capable of creating great companies. YC does all

It doesn't really matter if participants have a low(er) IQ, or went to a non-elite school. As long as they are capable of creating great companies. YC does all the screening to make sure they are capable of doing so. http://news.ycombinator.com/s2012form http://news.ycombinator.com/s2012form