YC is certainly getting and accepting applications from more established companies now, but they're also still funding very, very early stage companies (i.e., t

YC is certainly getting and accepting applications from more established companies now, but they're also still funding very, very early stage companies (i.e., two founders and an idea). My cofounder and I were in the Summer 2010 batch and fit that description, and I know of founders in this summer's batch who do as well.