It's clearly not just YC. I'm not sure what's happening. It could be the leading edge of a very uneven recovery. It could be a secular trend of more interest

It's clearly not just YC. I'm not sure what's happening. It could be the leading edge of a very uneven recovery. It could be a secular trend of more interest in investing in startups; i.e. a recovery from the previous crash. Or it could be due to the super-angels, who are more aggressive in early stage deals than VCs.