As an investor, all I can say is that having gone through YC is not the signal of quality it was 7 or 8 years ago. This doesn't mean YC is doing anything wrong

As an investor, all I can say is that having gone through YC is not the signal of quality it was 7 or 8 years ago. This doesn't mean YC is doing anything wrong regarding their investment strategy. It simply means they are expecting a very skewed power law of returns.