$150K will not make your startup succeed on its own. There were already companies raising larger amounts before YC started and this did not seem to hurt the "sp

$150K will not make your startup succeed on its own. There were already companies raising larger amounts before YC started and this did not seem to hurt the "spirit" of YC. I think the biggest effect this will have on the YC process is that more teams, especially those who pivot during YC or are building something very complicated, will choose to delay fundraising past demo day in favor of working on their product/trying to get traction for several more months.