I'll disagree with some of the other comments here and say I'm very happy that YC made this change instead of shrinking class size. YC is still one of the most

I'll disagree with some of the other comments here and say I'm very happy that YC made this change instead of shrinking class size. YC is still one of the most exclusive programs around, and always will be. Anyone who has the privilege of attending will always have an advantage over those who don't - even if it's just because they'll learn from the best and make great connections. Follow on funding is great, but with how inflated some series A valuations have been lately - it's just too costly to the core YC program to keep doing that type of funding indiscriminately. I'm sure this was a difficult decision to make, but it feels consistent with the YC mission. And it seems like the right thing to do.