Which also means that tech entrepreneurship is supposedly under sabotage, though some would call it a spell. It's the MITM thing that I don't like. It's like the age of shovel sellers to gold diggers for the Internet?
Something that is both good and bad depending on which side of application process you are.
1. First time entrepreneurs will learn a lot.
2. The network of friends you'll have access to after you graduate is great.
3. It seems to be easier to get meetings with investors when you've already been vetted by YC.