I think it does benefit but I don't think many startups have any chance of getting in even if they have all the positives. People are incredibly biased (I basic

I think it does benefit but I don't think many startups have any chance of getting in even if they have all the positives. People are incredibly biased (I basically only look at fundamentals myself; I don't really even care about the product if the spreadsheet makes sense) in how they select opportunities; there are enough examples of unicorns or very profitable companies that were shot down by YC or other similar high brow incubators. So I would say I agree with you; it's a big distraction unless you just pop over a video and sheet and they are begging for you to come in after seeing that.