>Founders have never had more power relative to investors than they do now.

Easy to say coming from the new middleman getting between start-ups and funding.

If you really believe this prove it. Accept me into YC (or anyone who was not invited into YC but has a launched product), I/they will not receive YC funding but be a "mole" and go through YC and present at demo day - I promise I/they can secure funding - which means the power is not relative to Founders but shifted to YC.