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A comment on Y Combinator growth equity fund?. Parent comment

Re:Y Combinator growth equity fund? by philip1209 on Tuesday June 16, 2015 @05:22PM (#9728781)
What if they added in a right to invest a certain amount in future rounds, such that they don't lead the growth?
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Re:Y Combinator growth equity fund? by MangoDiesel on Tuesday June 16, 2015 @05:43PM (#9728891)
They don't want to do this, because they don't want to become a "stamp of approval" for companies coming out of YC.

Specifically, if a company comes out of YC and is looking to raise further funding down the road, it becomes an important data point if YC decided to continue investing with them or not. By not participating in future rounds as a policy, they avoid this potential issue.

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Re:Y Combinator growth equity fund? by cactusface on Tuesday June 16, 2015 @08:37PM (#9729506)
Why is it important not to pick favorites? Are they trying to avoid killing companies they thought were bad but end up good later on?
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