At first I wanted to write a response to your comment claiming that the Seattle group is not a competitor. After thinking about what to write for a moment, I re

At first I wanted to write a response to your comment claiming that the Seattle group is not a competitor. After thinking about what to write for a moment, I realized that debating whether or not they are a competitor is not as important as debating whether or not another program like YC is beneficial to the people on this site and this community as a whole. I believe another program like YC is valuable. Paul has stated several times that there are good ideas and good teams that he simply could not invite to YC because there were more stellar groups he invited. It does not mean that those not invited by YC should not have the opportunity to be funded. The Seattle program is simply another route to the ultimate goal: a nice payday.