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by ethbro 3314 days ago
To elaborate on that a bit, I think your comment begs the question of "Well then why don't they fund 100 YCs and take the hit from a middleman?"

To which the answer is probably "There aren't 100 YCs worth of good ideas + support resources / networking opportunities out there."
1 comments
dsr_ 3314 days ago
It might even be that there aren't 100 YCs worth of people good at making YC-style bets.
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ethbro 3313 days ago
That too! My initial idea was "There aren't enough startups out there to YC", which led me to "That's why YC tries to boost yield by enabling marginal startups to succeed via office hours and support", which led me to "But the system as a whole probably has limited resources suitable for support."
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