Comment by nogabebop23

Because they want to have their cake and eat it too. YC has followed a similar trajectory to many successful tech innovations. A novel approach that has aligned goals with their clients, strong & visible leadership, a huge emerging market, an appetite for a new approach - we're now essentially 2 generations of leadership removed from PG & co and while I have no doubt the people in charge are very smart and good at VC'ing, YC is now a totally different beast from 10+ years ago. It's motivations, goals and practices have changed and I have no doubt the next incarnation will come along and eat their lunch too.