Sure he does: ...I believe that the Y Combinator model is dead. The idea that you can put something out there on the cheap, get traction and then raise a quic

Sure he does: ...I believe that the Y Combinator model is dead. The idea that you can put something out there on the cheap, get traction and then raise a quick real round no longer seems to be valid. While there will always be exceptions to this rule, from what I can see the market for these companies to the VC’s is mostly dead. He feels that way - how much more support do you need? Btw, how many YC companies could you fund for the cost of buying a hotel in the Bay Area? 400? (assuming $6M for a hotel)