Large opportunities/businesses are often found at what are considered as the fringes today. Like PG has said in a talk (on trends in future), seemingly frivolou

Large opportunities/businesses are often found at what are considered as the fringes today. Like PG has said in a talk (on trends in future), seemingly frivolous stuff could be big tomorrow. From what I understand, YC encourages its startups to focus on a specific/core problem - which might misunderstood as thinking small. But thats exactly where large opportunities can be found. Also, obviously big ideas (that all agree will show big growth & big exits) will also be heavily competed by existing established and entrenched players with a lot more resources (not to mention, other startups). If VCs ignore YC (and others like it), they do it at their own disadvantage