[pedalpete]

I think this is exactly why the post was written. Aaron isn't saying that YC has a great pro-rata program. I took his writing as stating that he thinks it needs to be reconsidered, and that it is bad as it currently stands.

[drinkzima]

Yep, odd is probably the wrong word, I just find the specific transferability term egregious.

[JumpCrisscross]

> the specific transferability term egregious

Why? It has to do purely with the fund's internal structure. Affiliate transfers shouldn't have any material effect on a company. Withholding automatic affiliate transfers would be the company creating needless work for itself.