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I hope this doesn't read back negatively but YC is looking a lot like Triple-A ball in major league baseball.

A talent farm for players brought up through the draft, you let VCs scout and choose who they want on their team... hah cool.

best. analogy. ever.

too bad it was lost on over half the audience here, and I'm gonna get down-voted for this, but yeah, just like the minors.

To those of us in short-season Class A, Triple-A looks pretty good.

Well, has he taken his checkbook out yet? :)

You can learn a lot about the character of VCs by their blogs. I had a gut feel Fred is an up and up guy, and from what you confirm that seems to be the case. Hopefully I'll get the chance to do business with him.