Y combinator should only be one of the avenues to be explored by an entrepreneur. My team (PayGuard) submitted an early application hoping that they would have more time to look at it, we still plan to update it before the March 28 deadline. We will apply again in the winter if we don't get in this summer since we're already quitting our jobs anyway. Getting accepted in the program will certainly jump us in the fast lane but we will not even slow down if we don't get in. My team have debated and made improvements to the idea for the past 6 months then we realized that the time for theorizing has ended and the time for building a product is now. We can't wait to test this out in the real world because we think there is a serious need for a payment system specializing in long distance and cross-border transactions.