The capital has withdrawn and no longer directly subsidizes the running cost of the site, but don't let that fool you... the primary virtue of this site for the majority (those who don't just enjoy yammering at each other, like me and other crusty bastards) is definitely its proximity and legibility to said capital
Do YC no longer pay the mods’ salaries? That’s odd, I was under the impression that HN exists to serve the interests of YC. If you look carefully at the behavior of the largely negative _oinbas_ thread given its #upvotes and recency it shouldnt be so quickly off the front page compared to others now on it. Not to mention the regular job postings. EDIT— this post too, perhaps its an automated system?