Haha, but Clay Aiken here does have a valid point, if you did not know that YC was using the same orange then you did not know your own market, if you did know then you're just trying to ride their coattails - neither one is a pleasant situation.
Yes for our sakes and purposes it shouldn't be, the program might actually be better than YC, but it does not really give a good impression of the firm and really drives home the "knock off" argument.