You raise a good point. I see it encouraging students to come up with ideas for YC companies inorganically. Obviously that is not the intent, but I see it as a

You raise a good point. I see it encouraging students to come up with ideas for YC companies inorganically. Obviously that is not the intent, but I see it as a very likely side effect. If the student organically has a great idea, then sure this has nothing to do with it. For the ones that didn't and wasted time in college? I guess they should have read some of PG's essays. ;)