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Re:Y Combinator’s New Head by untog on Wednesday March 19, 2014 @12:30AM (#7426822)
> Think about it. Thiel, Graham, etc. These guys evaluate the best of the best on a regular basis.

Do they? What's the YC business failure rate? As far as I see it they're in the business of making educated bets on what people will turn out to be, and they're often wrong. They are not choosing the "best of the best".

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