[thetabyte]

Everyone seems to be completely missing something PG made abundantly clear. Black swan farming is not what YC tries to do. They don't only swing for the fences. PG simply illustrated why and how it makes the most business sense. He says, explicitly, multiple times, that it is not YC's primary objective, they don't reject teams based on this criteria, and they aim to help all of their teams. His essay just documented the interesting truth that venture firms are better off with the unintuitive process of focusing on big winners.