It just seems backward to me. I understand that YC are in the business of jump-starting startups with potential. A handful of those startups might succeed. Thei

It just seems backward to me. I understand that YC are in the business of jump-starting startups with potential. A handful of those startups might succeed. Their entire business model seems to focus on the returns from that small handful of successes. If I were them, my primary reason for taking these companies onboard and helping them to succeed, is purely to see a profit at the end of the line. Hence, dilution is very bad. That would be my primary issue.I just don't understand why it was stated as a minor side point to the whole discussion. Surely it is absolutely important?