[larrys]

"Squatting on domains and making people who want to legitimately use the domains "

Everytime someone trots out that squatter argument they assume that if the person who owned it that wants to sell it "for ill gotten gains" hadn't gotten to the domain first, that it would have been sitting around for them at the point they needed it for their idea. In 2015 or in 2005.

So, for arguments sake, if PG had wanted to use "Yc.com" instead of Ycombinator.com in 2005, the domain yc.com would just be sitting waiting for him to use at a cost of $NOMINAL_OR_AFFORDABLE because NOBODY ELSE would have used it for their "bake sale website".