So now if you are a YC company and YC declines to invest, every other investor loses out.
Does this not strongly dilute the power of being in YC? Seems nuts to me. Why not just shrink the number of incoming companies?
Does this not strongly dilute the power of being in YC? Seems nuts to me. Why not just shrink the number of incoming companies?
it makes it hard for startups that would need more money to prove their profitability to lose out on new rounds, or have to give up more for those rounds (as investors will need better incentive to invest without the YC signal).