[fakedang]

Plot a graph of the companies against their revenue and profit numbers and you'll end up with 2 massively skewed incline curves. Plot a graph of their companies which are public, and they're mostly trading below their debut.

YC did do the right thing (investing in super early stage startups) at the right time (ZIRP environment), but now with the proliferation of too many startups and applicants, I'm not so certain on how much of a future it has with getting the next best thing. Already seeing quite a few startups that either bootstrapped or raised without YC, while a number of YC companies are stuck in pivot loops.