Y Combinator raising $1B for new fund
I believe it&#x27;s possible YC has overextended themselves such that top AI companies - the most valuable companies in the future - are going to first try Gradient Ventures or more specialized funds, and it may cost them their future. I understand they want to be a destination for AI, but I have a tough time imagining it. Maybe when they opened the floodgates to 100+ per cohort was when their brand became &quot;the best anything and everything of startups,&quot; and if a rich, connected AI veteran launched his own AI fund, I&#x27;d be more excited to knock on that door first, if not an AI fund from an org intimately tied to a top AI shop.