New YC Partner Investment Policy
"This should fix the problem.  If it doesn't we'll try something else."<p>That's an interesting phrase. This should really be implicit in everything we say or do. It stands to reason, if something doesn't work, you try something different.<p>But when you're famous and have thousands of people who constantly try to undermine you or misquote you or take something out of context, you start to need to be explicit in calling this out. Otherwise next month's tech rag headline says "YC partner recants failed investment policy".