> The batches are of noticeably lower quality. As a company (YC), as you grow and set aside more $ (or have access to deeper pockets thank to your past success

> The batches are of noticeably lower quality. As a company (YC), as you grow and set aside more $ (or have access to deeper pockets thank to your past success rate), you are willing to take more risk than before. I actually think its a positive thing, especially for those who apply!