What I found to be a really interesting differentiating factor between the YC Fellowship and other VCs is that they were open to companies in the idea stage. It has taken me on and off about 3 years to come up with a fashion social media platform named MyStylist and I appreciate the chance to compete even though I have not been able to fully execute it. I think that choosing a company in the idea stage definitely has its risks but it can turn up to be a very rewarding venture.