Drew Houston was rejected by YC when they interviewed him for his previous idea. When they attempted to judge him as a founder, prior to any success, they compl

Drew Houston was rejected by YC when they interviewed him for his previous idea. When they attempted to judge him as a founder, prior to any success, they completely failed to identify one of the best candidates they had ever seen. After another attempt at getting YC's attention, Drew Houston even got shooed out of YC's offices and went home feeling rejected and having "sour grapes" about the situation. He only got into YC because he created a demo video that HN loved. And that HN post easily could have been buried by a bigger story or whatever. A quantum of luck was involved. This should have permanently disproven the entire concept of judging a founder's potential in interviews. Unfortunately, people love the feeling of being a judge. Deciding the fate of other people, however incompetently, is an irresistible joy for many. Paul Graham talked (in his speech at Stanford) about his own inability to correctly judge founders after a decade of trying. Calling it guesswork. Too bad that he retired and it went unfixed at YC, but something crowdfunding-ICOs may be the ultimate fix anyway. Thanks to decentralization, we can (hopefully) look forward to an accelerating number of companies as good as Dropbox.