Comment by BGthaOG

I think the following talk by YC Partner Dalton Caldwell talks a little bit about that. If you Ctrl+F for "late" on the following page, the transcript section shows mention of it. I recommend the whole talk though, as it was very informative. BTW I did apply late, just last night :) https://www.ycombinator.com/library/6t-how-to-apply-and-succ...