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Nobody says that.



Yes, they do:

http://www.avc.com/a_vc/2010/07/lead-investors-dipshit-compa...

http://venturebeat.com/2010/07/29/angelconf-ron-conway-micha...

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1. No, he says other VCs think that the funding landscape in general creates dipshit companies. Not that YC companies are dipshit companies.

2. It's Arrington talking. ;)

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