Even after all these years I have no idea what Y combinator is or does, nor do I care to learn. I just come here for news stories.
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Now HN is a mix of tech news and politics, and I'm not surprised that some HN readers who are not interested in startups have no clue what YC is about.
The few tech stories that do make it through are far more pop-tech article (right now NPR, BBC, New York Times, MSN, and Haaretz are all on the front page... absolutely nothing to do with hackers or gratifying intellectual curiosity) or talking about startups that are shutting down.
I'm tired of collapsing the inevitable "Macbooks are bad" thread and finding out that was literally the only conversation under the article. I think the mods do a great job of keeping the conversation civil, but a poor job of enforcing "intellectual curiosity" like the guidelines call for.