This is only true to the extent that YC is a monopoly.
If other accelerators compete with YC, entrepreneurs may choose to do business with an accelerator that selects smaller classes.
If other accelerators compete with YC, entrepreneurs may choose to do business with an accelerator that selects smaller classes.
[1] https://www.villageglobal.vc/ https://www.villageglobal.vc/network-catalyst/