This is like asking if Toyota has lost its way because they make a crappy car one year. Except even sillier because the whole model of YC is to fund speculative

This is like asking if Toyota has lost its way because they make a crappy car one year. Except even sillier because the whole model of YC is to fund speculative things knowing that most won't be that valuable. Also, tough to judge a company by its earliest incarnation. I thought Facebook was pretty dumb when I first heard about it, but they turned out fine.