I partly disagree. Of course, networking, contacts and "who you know" are important. And DailyBooth were undoubtedly helped in getting TC coverage by the YC con

I partly disagree. Of course, networking, contacts and "who you know" are important. And DailyBooth were undoubtedly helped in getting TC coverage by the YC connection. But that's PR, which is different to creating a compelling product in and of itself, which is where I believe context and positioning (eg. link shortener for bacon) is important.