I imagine the people laid off are highly skilled investment bankers. I think YC laid them off because early stage seed funds do not require the same level of sophistication as late-stage investment.
I believe the employees laid off would be perfectly capable to assist in early-stage seed rounds as well. That way YC could have vetted more projects and invested more.
Imagine that the people laid off were tasked to find and seed environment friendly startups etc. Deep work requires a stable paycheck and job safety. If YC really wanted to make things better, they'd know better.
With these lay-offs, I won't be surprised if all the remaining employees would be yes-sayers lacking any individual incentive.
I believe the employees laid off would be perfectly capable to assist in early-stage seed rounds as well. That way YC could have vetted more projects and invested more.
Imagine that the people laid off were tasked to find and seed environment friendly startups etc. Deep work requires a stable paycheck and job safety. If YC really wanted to make things better, they'd know better.
With these lay-offs, I won't be surprised if all the remaining employees would be yes-sayers lacking any individual incentive.