Y Combinator: Party Like it's 2009
In order to make sense of this from a financial perspective, I'd have to know more about the performance of YC's existing fund(s). Is that published anywhere?  The size of this deal is much smaller than the average Series A funding round of a Sequoia startup, so this is quite a strange arrangement.This really appears to be a validation of the importance and cachet of Sequoia by YC, rather than the reverse.  A very surprising move, which further leads me to question existing YC performance.