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Knowing Parker, his quote was taken out of context and turned into a clickbait title. He would be the last person to tell you that YC is not at the very top of their game right now. We all have to learn that when talking to journalists, you have to phrase each sentence in such a way that it can stand on its own.

I am sure he would agree with me that the YC game has changed, and perhaps it requires more work from VCs than ever before, but it's definitely the biggest game in town (or even globally), and it would be foolish to ignore it. There are plenty of VCs for whom this game no longer works, but that's more of a reflection on them than on YC. You can still make boat loads of money with the best YC companies, and you have to evolve your signal gathering and ability to close rather than reminiscing the good old times when just having a large fund alone was enough to get into any deal you wanted.




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