I found the following article educational. It's basically how DropBox founder, Drew Houston, got noticed by Y Combinator. If you examine his writing, it's detailed, concise, and speaks to what value he is attempting to bring to the market. Not only does he understand what he's bringing into the market, he can quickly summarize how he plans to monetize as well as the competitors that are already in the space. He doesn't go into pages and pages of nonsense.
His only misstep is that he assumed that his product (after 6 months of development) was worth a measly $1m.
http://www.businessinsider.com/dropbox-y-combinator-application-from-2007-by-drew-houston-2013-9
His only misstep is that he assumed that his product (after 6 months of development) was worth a measly $1m.
http://www.businessinsider.com/dropbox-y-combinator-application-from-2007-by-drew-houston-2013-9
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