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Hot or Not for startups 
Clustering interviews into a few days means YC does in fact take advantage of this phenomenon.
The relative rankings are probably roughly accurate. And if select the top 100 startups based on those rankings, you'll still get the cream of the crop even if your assessment of absolute quality is thrown off by the bias
Can also lead to anchoring bias, primacy/recency bias, common information effect, and harsher groupthink after a long day of interviews
Oh that’s interesting! Would like to quote that in my fundraising dissertation chapter.
Isn’t this dynamic also at play when founders are encouraged to have a compressed timeline for fundraising? Each investor is competing on various founder determined factors with other investors in that cohort.
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