I see YC as doing what every successful mature business does, which is come to rely on its experience and market position (it’s hard to disrupt yourself), which

I see YC as doing what every successful mature business does, which is come to rely on its experience and market position (it’s hard to disrupt yourself), which for better or worse creates habits, which in YC’s case means very coarse investment heuristics. As an outsider they seem very obvious. I’ll omit how that relates to my own experiences and biases (I’ve only ever made one half-baked on-the-deadline application so I don’t think they are relevant). Just my 2c as a long-time follower. I think it would be awesome to see YC break at least some of itself off into some more elite and disruptive units (where elite refers to the quality of the intake and YC expertise, not the founder education history).