I stopped applying because I realized my projects are just way too small for YC. I care about building stuff, but also just want to make something that can provide a decent passive income for myself. A few hundred grand per year in profit would be massive for me, but nothing to YC investors.
Before successful exits, I bet their operating profits are quite a bit more than a few hundred grand. I don't see my projects ever making much more than that, they're just too limited in scope.