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>> brand cachet are invaluable.

This was much more a value when there was only a handful of companies in each cohort. Now there's 3 groups:

* YC~low number~ that I've heard of: Original signalling value

* YC~low number~ that I've never heard of: zombie

* YC~high number~ : new batch of spray and pray

This is unfair but my initial reaction



Be that as it may, I speak from experience, the label and logo help a lot with recruiting.


So you invest in less YC companies than you did in earlier batches?




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