I think they're referencing YC specifically. While money is money, there is a prestige put upon the acceptance into YC (obviously more so in this community). This, I believe, is what's being discussed. Not the validation of business ideas via VC investment.
Re:Post YC Depression
by texasbigdata on Wednesday March 04, 2020 @09:13AM
(#22483887)
Or...he described part of the formula that determines how much he can cash out for...which backwards looking is a function of company success.
I think you are contradicting yourself. YC is not just an investor.
And may be he just cares about money.
You just described your businesses by what investors value your companies, which means that you care about investors.
I think it's great though, both investor validation and user validation matter a lot in business (it doesn't matter if it's YC or VC).