Comment by light_triad

Folks always bring up the increasing number of startups in YC which I don't think is a problem. YC is a people business. There were several key changes:

- PG and Jessica 'retired' - they were the killer combo in terms of identifying talent in tech and culture.

- YC became massively successful - when it started YC was prestigious because of the startups it funded, now the startups are prestigious because of YC.

- Selection is much harder - tech & startups became mainstream unlike when the self-selection consisted of PG essay readers and niche programmers.