This makes sense, ycombinator always seemed more risk-averse and later stage anyways, from my interactions with them (I've raised from billionaires like Tim Draper and Marc Benioff, but YC only asked us for an interview once). This isn't a bad thing, but it is sad because seed stage funding has been drying up since 2014 (when I raised for gunDB.io), there are some good TechCrunch articles on this "dry up" and I think it is gonna make the lives of a lot of developers harder. But I can blame YC, it matches their model, and they've obviously done a good job at everybody knowing their name.