I'm not saying it's easy to launch a new start-up, or to create a successful new product.

FORBES

Getting into the Y Combinator is no easy feat but the rewards are access to the best start-up resources the world has to offer. 20% of the applicants get interviews and 30% of those interviewed are accepted, Frenkiel estimated.

FORBES: How Eric Frenkiel's MemSQL Got In To Y Combinator

The transition from edgy start-up to established giant will not be easy.

ECONOMIST: Floating Facebook