Funds need a 10x return from one company to cover the entire fund. Is that a philosophy YC subscribes to, and if so, how long until it becomes evident which (if any) company in a given class will be the 10x ?
As a proportion, how much of the value of YC is in the advice partners give, how much in the 'brand name' and network, and how much is just being around tons of smart focused people for 3 months?
One thing my company struggled with in ImagineK12 was attracting enough users to know if we were making something they loved - how can founders focus on both?
Given your recent comments about the potential danger of A.I, would you fund a startup which seemed dangerously close to making superintelligent A.I a reality?
Do you think if Zuck applied to YC today with Facebook as it was in 2005 he'd make it in? (Assuming the 'social network' landscape still looked like it had in 2005).