This is a pretty interesting development. I'm wondering how YC will handle rejections now - when you know you want to interview someone, that's pretty straightf

This is a pretty interesting development. I'm wondering how YC will handle rejections now - when you know you want to interview someone, that's pretty straightforward. There are probably plenty of definite "no"s, too. Not having the hard deadline will surely tempt you into watching the progress of startups that you're undecided on for a while before making a decision, a bit like the "big" VC courting ritual. (though considering PG's past comments on the VC funding process, I'm assuming it won't be as frustrating for the applicants)