YC has gone from 7 super high quality startups in a yearly class to some 300 founderitis startups twice a year. Nobody who knows anything thinks it's actually

YC has gone from 7 super high quality startups in a yearly class to some 300 founderitis startups twice a year. Nobody who knows anything thinks it's actually a quality signal anymore, it's really just a high passthrough noise filter From their perspective, they still just need the 1 giga unicorn a year to give their LPs excellent returns so it is what it is