> YC has produced less successful startups in the last ten years, so something must be wrong, and this is a guess as to what the problem is. I would certainly

> YC has produced less successful startups in the last ten years, so something must be wrong, and this is a guess as to what the problem is. I would certainly assume it's PG's eventual retreat and finally exit, and the Altman years. Contrast PG's reasonably close contact with YC startups vs Altman's looser approach. It's kind of stark that some of the startups that I assumed would be obvious fits for the YC model are not YC companies.