pinkton

I thought it was a reference to domestic violence, but I suppose it could be a reference to religiously "justified" domestic violence.

YC raised an $8.25m fund in 2010, and the investors care about IRR and liquidity.

> This likely means YC gets about $3-5million out of the deal, funding even more startups in the future. :)

I'm fairly sure that YC doesn't recycle the money off from wins, but instead returns it to their investors. YC is a for-profit fund that uses other people's money to give about $20k cash and $20k of training in exchange for 6% of their company.