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A comment on What's Y Combinator's conversion rate?. Parent comment

Re:What's Y Combinator's conversion rate? by syedkarim on Saturday June 17, 2017 @08:27PM (#14578369)
By small exit, I believe the parent is referring to an acquihire with a multi-year earn out for the founders. The point of such exits is to return investor capital.
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Re:What's Y Combinator's conversion rate? by justonepost on Saturday June 17, 2017 @08:30PM (#14578377)
That's better than nothing. I've looked at these numbers before in other places. It's pretty obvious the average quality of either YC advice or founder is declining. I suspect SS (as a feeder) is an answer to this problem.

Ok, point made below, possibility is that environment has got more startups in general and more competitive.

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