YC's whole model is making many investments which are likely to fail, assuming a lucky few will pay for the rest. It only works because they diversify, rather than going all-in on a single one.

the statement why REQ would try this, not ycomb's investment strategy..

They don't just invest in anyone, they do due diligence, why would they conclude this is even a viable risk taking opportunity if it was easy to see there is no utility in the technology?

those things havent changed since its been around. im talking about fundamentals that drive the price of bitcoin