[_xnmw]

Exactly, so if I apply to YC while intending to go big, but not raise additional funding rounds, am I defrauding them with a bad-faith application?

[Kevin_S]

Surely not. If you don't raise another round, YC may just write off this as a cost of doing business (similar to failed startups they've invested).

It may be written into the terms some other backup for this situation.