His lens seems to be fixed around the potential of being a unicorn. What YC offers is frankly unprecedented for a lot of people in the world now. Whether they b

His lens seems to be fixed around the potential of being a unicorn. What YC offers is frankly unprecedented for a lot of people in the world now. Whether they become a unicorn or not, the program is providing opportunities that aren’t as easy to find as this guy is suggesting. Taking 10-14% is huge, sure. I agree. For some people there would be no 10-14% to worry about without an opportunity like this in the first place. It’s about trade offs. To some people this will be totally acceptable. If it’s not to you, there’s no social contract that you have to go through YC. In fact, he more or less explains this in the tweets. If you have other options, great, use them. He seems fairly biased against YC for a handful of reasons. I’m not cheering for YC or anything. I just don’t perceive awful or corrupt motives. Of course they’re a business trying to profit from investing in startups. Of course they want ownership for what they put into the company. It all seems very transparent and easy to follow.