[jmcgough]

They've graduated 5,000+ companies, so some fraud is hard to avoid, especially with young hungry founders willing to do anything to succeed. Honestly, it's a pretty good track record that there's only been a handful of companies like this.

[LunaSea]

It's precisely because they graduated 5000+ companies that fraud is more difficult to avoid.

They scaled up massively the size of each batch and their frequency to a point where they are incapable of auditing them.

[ohashi]

Maybe someone should start an auditing company for YC... oh

[financetechbro]

There is too much friction in the audit process… someone needs to solve this