I think its just a mark of the times. Top talent is focusing on creating new ventures. I think if the quality of businesses is on par with the last batches – an

I think its just a mark of the times. Top talent is focusing on creating new ventures. I think if the quality of businesses is on par with the last batches – and I am sure it is, if not higher – it's not a problem. I assume the talent level is equal to previous years so if the teams submitted their ideas two years ago they would have been accepted. I would focus less on the number and more on the increasing success of Y Combinator.