Comment by dieselz

I'm not sure why a pessimistic comment is at the top of practically every HackerNews article, but in this specific case, what data do you have to support YC becoming a "typical VC." What have they done in the past that has been typical? They have re-imagined the startup industry. Not in the way airlines say "we've re-imagined economy travel," I'm saying turned the startup world on it's head. With that said, YC having $1BB to incubate and then further grow companies sounds like a great fuckin idea. With an enormous fund that spans market caps, they'll be able to fund even more moonshot ideas, which is even more exciting when you're talking about companies that have double bottom lines.