Maybe compensation is more negotiable than it seems? Or people are willing to lower their rates to associate with the YC brand? Maybe they treat it more like an

Maybe compensation is more negotiable than it seems? Or people are willing to lower their rates to associate with the YC brand? Maybe they treat it more like an internship in preparation for starting their own company? Perhaps work conditions are so great that it doesn't feel like work at all. Finally, startups might be willing to take a chance on applicants lacking credentials. Just guessing here. We would need to ask someone who accepted an offer and they might be, understandably, reluctant to discuss it in public.