Congratulations getting into TS Cloud. I can't wait to see all the amazing companies to come out of the program. Beware of "Mentor Whiplash", I hear it can be a real problem.
I've thought of quitting my job to start a business. I know it would give me the best chance of success. With that said moonlighting makes much more sense to me. It has much less risk and if the business fails I'll still have something to fall back on. Getting into YC and TS feels to me like winning the lottery. With acceptance rates around 2%-3% it doesn't seem like a realistic option.
"Mentor Whiplash" is real and has already been felt. Whether or not it will get worse remains to be seen. :)
Getting in to one of these things is a bit like winning the lottery, but that doesn't mean you shouldn't try for it. Regardless, there have been successful businesses started with both the "fuck my job, I'm going to do this full-time" and the moonlighting approaches. Do what makes sense and feels right for you is all I can say.
I've thought of quitting my job to start a business. I know it would give me the best chance of success. With that said moonlighting makes much more sense to me. It has much less risk and if the business fails I'll still have something to fall back on. Getting into YC and TS feels to me like winning the lottery. With acceptance rates around 2%-3% it doesn't seem like a realistic option.