Would no one else be worried of the potential for bad VC's to abuse fresh startups and their probable inexperienced founders that apply to YC? I mean, not ever

Would no one else be worried of the potential for bad VC's to abuse fresh startups and their probable inexperienced founders that apply to YC? I mean, not every one here knows how to handle investors, I'm guessing there are a lot of fresh college students. Wouldn't there be a good chance of these VC's just offering money in one hand and taking all of the company in the other? While it is still possible that any of us could be taken for a ride, it's entirely different when you've put yourself out in the public and have no real idea what you're doing. I just want to say that there would be a potential for abuse, and do you really want the bad feelings of young entrepreneurs scammed from the YC site?