The fact that it doesn't need to change is because it is under the aegis of YC. Anyone else doing the same thing would have been long relegated to the dustbin o

The fact that it doesn't need to change is because it is under the aegis of YC. Anyone else doing the same thing would have been long relegated to the dustbin of irrelevance. Imagine if one day Warren Buffet offers a co-investment opportunity in a new hedge fund, but you will have to physically fly to Panama and manually file the paperwork by hand to participate. Many people would still do it, not because they are willing to accept poor service, but because of the authority who is running the show.