Dave's interpretation of the YC alumni network is quite interesting to me. I'm curious to those of you who are YC alumni: does it ring true to you? If you're thinking of raising a round, do you talk to YC alumni about it? Are they helpful?

As for his main thesis that VCs don't eat their own dog food, that strikes me as absolutely true. If the VC industry was any other industry, VCs would be trying their best to help a startup disrupt it.