I hope this doesn't turn into a "let's pick winners and losers" thing today. We can do that tomorrow.
Let's just congratulate all 16 teams on being accepted into YC and for making it to Demo Day successfully. I hope you're all getting wildly drunk and then sleep for a very long time tomorrow morning.
They presumably wouldn't be getting drunk tonight, because there is a second (identical) day of Demo Day tomorrow. We can't fit all the investors into our building at once, so Demo Day is now actually 2 days.
The audience today was one of the most encouraging signs I've seen that the recession is not going to shut down the startup world. Not just the number of people, but the degree of interest they had. You could not have told there was anything amiss with the economy if you didn't already know.
Let's just congratulate all 16 teams on being accepted into YC and for making it to Demo Day successfully. I hope you're all getting wildly drunk and then sleep for a very long time tomorrow morning.