"...so far at least the great majority of VC investments in YC-funded startups have been by the better firms. I'm not sure exactly why, since bad VCs are more n

"...so far at least the great majority of VC investments in YC-funded startups have been by the better firms. I'm not sure exactly why, since bad VCs are more numerous than good ones; perhaps the bad VCs assume the companies at an event as public as Demo Day will already have been picked over by the time they get a shot at them." Or perhaps the lower tier VCs just can't compete with the "better" firms. I find it interesting that you so readily equate "lower-tier" VCs with "lower quality" VCs. Is this a reliable rule?