"Misconception: YC doesn’t accept companies without revenue.
S16: 50% were not making money when they applied."
Which means 50% were already making money when accepted. Given that I'm guessing way less than 50% of applications are making money, this would seen to be a big advantage.
Ultimately what you want to do is de-risk the potential investment by showing that you have significant traction, and having actual paying customers is a great way to do that.
"Misconception: YC doesn’t accept companies without revenue. S16: 50% were not making money when they applied."
Which means 50% were already making money when accepted. Given that I'm guessing way less than 50% of applications are making money, this would seen to be a big advantage.
Of course, I could be wrong on that too. :)