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I think YC would cut it off if they knew they had reached their limit. After all, they're investing in these companies and want them all to succeed. Overbooking

• andrewcooke 15y ago
  that depends on the maths, doesn't it? for example, although they no doubt want them all to succeed, they probably make a lot of money on very few, and those few pay for the rest. since no-one can predict exactly which those few are, it's not clear the investors lose by increasing the pool (as long as they don't lower their standards). that's not the same arguments as a participant might use. it could be that you're going to start several companies in your lifetime; the probability of any one succeeding is not that great, but hopefully one will. from that point of view, what you want from YC is high quality contacts that carry across into future companies, even if those are not YC supported. there's nothing to say, on the face of it, that those to mechanisms must pull in the same direction; the timescales are different, for example.