Well in most contexts, an exploding offer is an offer with a set deadline - as in, an offer is going to "explode" (aka expire or be taken back) within a specifi

Well in most contexts, an exploding offer is an offer with a set deadline - as in, an offer is going to "explode" (aka expire or be taken back) within a specified timeframe. Using this, I'm guessing pg meant that if applicants have got an offer from another fund/accelerator/incubator that expires before they get an Y combinator acceptance, they should let him know.