> Yes, but if it's working, why let Sequoia in the deal? You are thinking of YC as a for-profit company; don't. Remember, it was conceived as the result of PG'

> Yes, but if it's working, why let Sequoia in the deal? You are thinking of YC as a for-profit company; don't. Remember, it was conceived as the result of PG's guilt when he advised students to seek out rich hackers for seed money--just not him. Moreover, one of YC's key goals is to give young, bright hackers the freedom to build valuable things without the impediments of bureaucracy. While the expense/revenue/profit structure is necessary for YC to attract talent and thrive, it's otherwise a benevolent venture. PG wants to expand the goodness. The four YC folks can only do so much.