I don't think that'd be accurate - YC is exiting the business of late-stage investing, and that's the main news. It sounds like they had 17 people who were work

I don't think that'd be accurate - YC is exiting the business of late-stage investing, and that's the main news. It sounds like they had 17 people who were working on that part of the company who they laid off as part of this transition, but given the major role that YC Continuity played, it's significant news that they're no longer doing that.