To a casual outside observer the quality of the companies YC invests in seems to have absolutely cratered. Have they just given up on vetting and switched to a throw money at everything approach?
My feeling is that they are investing in founders who they find impressive who are working in AI. Not so much in the uniqueness of their ideas.
Isn't that a very outspoken objective of YC, to fund people, not ideas? Long time ago I caught up to what YC is doing, but even when I first joined HN back in like 2013 I think the whole "Fund people, not ideas" shtick was already explicitly what they were doing, unless I remember wrong.
Isn't "fund people" just hiring without the extra steps?