[joering2]

> The batches are of noticeably lower quality.

As a company (YC), as you grow and set aside more $ (or have access to deeper pockets thank to your past success rate), you are willing to take more risk than before.

I actually think its a positive thing, especially for those who apply!

[Lordarminius]

Nope. I dare say you got the logic wrong. YC is taking less risk and what risk it is taking is the 'wrong' type.