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More people involved almost always leads to less risk taken within an organization. Of course, "risk" is hard to back up with data in the short-term in this instance.

However, number of sectors, number of companies and challenging the norms of fundraising is not what I mean by risk. I meant rather investing in companies where 99.99% of all other VCs would pass. And I'm not saying that you're NOT doing that, I'm just saying that theoratically that could become an issue and I'm worried about that (because I want YC to be successful!)

Or, to put it in another way: It's not clear to me if in YC's case bigger = better. Maybe there's an optimum somewhere?



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