Comment by elAhmo

There was a discussion a few weeks ago about YC betting on essentially the same product of adding support for chatting with LLMs inside your IDE (Continue.dev, Void, double.bot), which is a great example of this. No differentiation between investments, just spray-and-pray technique hoping that at least one of the contenders will succeed.

I understand that in broader terms, VCs operate in this way - investing in many things hoping that one will stick. And if this is spread across different products, industries, ideas, then it is a good signal that your company was handpicked and got attention of one of the best VCs, among many many contenders.

With examples like this, this signal is basically gone and getting a YC investment means nothing.