This is bad PR.

If it's not true, shouldn't it be deleted?

Stories that aren't 100% accurate are on YC fairly regularly; deleting just the inaccurate stories that affect YC companies would be quite unfair.

I agree, deleting the story would be bad PR in itself. Better to correct any misconceptions because if one person is confused then many people are.

We're probably having the only public discussion of the issue. It should be kept, you're right.

I'm still getting a feel for the culture here.

I would recommend taking the time to read the article. If you did read it you would find the entire post to be 100% accurate.

"It has almost been a year without anything new from this start-up and no signs of life from within the company."

http://mashable.com/2008/05/27/zecter-file-sharing/

That article discussing the new company to which the founders of Versionate have gone. That is _not_ an article about Versionate, the company, nor their product. On the Internet, if you do nothing for your product, say nothing about the product or company for almost a year, that is effectively a dead company.

I think it's the title here that PG is alluding to.