I agree he makes his point sharply, but I suspect he's probably asked weekly where he got his MBA, so mentioning that he can't even read a balance sheet is a fu

I agree he makes his point sharply, but I suspect he's probably asked weekly where he got his MBA, so mentioning that he can't even read a balance sheet is a fun way to show that boards aren't always a bunch of soulless accountants with MBAs; that in the case of YC, those aren't the critical skills; but instead being able to quickly assess an idea and the people around it is what matters.