Scaling YC
This seems to be good for YC, bad for companies in YC. The value of YC, as far as I can tell, has been access to great advisors and a cohort of folks going through the same thing as you (maybe some other fringe benefits as well like discounts for services). As you scale up, both those things seem like they will be watered down (the quality of advisors and peers goes down as the quantity increases). This reads to me like YC has decided that a spray and pray approach is best.