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Re:Has Y Combinator lost its way when the latest company is ... by andi999 on Friday March 12, 2021 @01:08PM (#26438788)
I would claim it also doesn't want a perfect filter. Maybe the team is great and they expect the (future) pivot leading to success. Also failures are cheap for YC, they live on their successes.
Re:Has Y Combinator lost its way when the latest company is ... by Judgmentality on Friday March 12, 2021 @01:14PM (#26438885)
Sure, but YC has definitely diluted its brand over the years. I don't think most people hold it in the same regard as they did a decade ago. I certainly don't.

I get why they do it. It's an easy way to make more money. But the average YC founder today is nothing like the average YC founder a decade ago. They will argue otherwise, but I disagree based on personal experience. And everybody knows YC was really started by pg (I am fully aware of the entire history), and he hasn't been actively involved for years.