Yes, you're right, I mostly know about funding rounds raised by YC startups. It could be they are just unusually fortunate-- that YC's brand and connections ar

Yes, you're right, I mostly know about funding rounds raised by YC startups. It could be they are just unusually fortunate-- that YC's brand and connections are so powerful that they have insulated startups we fund from a downward trend affecting everyone else. But while I'd like to believe we had that kind of power, it seems unlikely.