At its core, YC is a VC entity, and as such is competing for promising investment possibilities. IMHO YC's move to "accept 10K new companies" is a smart attempt

At its core, YC is a VC entity, and as such is competing for promising investment possibilities. IMHO YC's move to "accept 10K new companies" is a smart attempt in attempting to extend their reach to get the first pick at the commodity. We will see if it will work out. Either way, it is great to see YC to lead the way - they have done a lot for the community already. Disclaimer: Been once in that orange place in Palo Alto, and I am not a fan-boy. However, I do remember the dark ages around 2005, when there was nothing in Europe that was even worth to compare to this accelerator program. YC has greatly helped to change the landscape.