The primary purpose is to lend credibility. I thought the primary purpose of YC was to instill morale. http://www.google.com/search?q=+site:www.paulgraham.com

The primary purpose is to lend credibility. I thought the primary purpose of YC was to instill morale. http://www.google.com/search?q=+site:www.paulgraham.com+%22y+combinator%22+morale http://www.google.com/search?q=+site:www.paulgraham.com+%22y... Morale is tremendously important to a startup—so important that morale alone is almost enough to determine success.