IMO, if you've got your act together, it shouldn't be too difficult. The questions it poses related to your startup are ones you should be thinking about day in

IMO, if you've got your act together, it shouldn't be too difficult. The questions it poses related to your startup are ones you should be thinking about day in and day out anyways, and should have easy answers to. If you don't know how to acquire users or what your product's value proposition is, you're dead in the water anyways. The questions about your and your cofounder's accomplishments can be tricky, but in the same vein, if you can't sell yourself properly, you'll have trouble with conventional applications for college, jobs etc. anyways, let alone raising funds. On the flip side, if you can address the tough questions about your startup properly, you just might be able to do well without them, in which case, who cares whether you get accepted or not?