"What is the problem you are trying to solve?" -- Every seed-level investor must build an applicant pool. Every company seeking seed funding must apply to many

"What is the problem you are trying to solve?" -- Every seed-level investor must build an applicant pool. Every company seeking seed funding must apply to many investors. This is massively inefficient, and functionally, I suspect this means that most potential seed-level investors and seed-level funding attempts fizzle, or select bad matches. I am proposing that YC open the application database after they've made their selections. (They don't want their applicants poached, so I wouldn't suggest they do it earlier.) This costs YC little: they've already passed on the deals. It cannot hurt other seed firms, and might prove useful to some. "I don't think they become any more attractive as a "gateway" to other possible investors" -- that seems to be the dominant response here. As a potential applicant, I disagree: I don't think the application is worth keeping secret, and I think other seed/angel investors might take a look if they suddenly had access to a big bunch of applications, and I'd be happy to get an email from one of them that was particularly interested in my project.