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by WarPaul 5551 days ago
I don't see YC's 6% as being greedy or predatory at all. It's just different economic theory.

What PG did with YC is LEGENDARY. He was the first and will go down in history as one of the most pivotal figures in the entrepreneurial economy. The best explanation I've heard on YC's value add (or TechStars, etc.), is that it's like bringing on another co-founder, which makes perfect sense - as does your explanation above.

Looking forward to seeing future entrepreneurs continue to benefit from great program's like YC, TechStars, MC, etc.