YC Continuity
So this announcement got me thinking and while this is slightly off topic and it may seem like a dumb question but I'm going to ask it anyway because I'm curious: where does YC get the money to do everything it does (seed and later stage investment, research, running hacker news, employees, startup school, etc)?I mean I know roughly how it works from the standpoint of taking investment money and funneling it into companies but unless I missed it I have yet to see them "cash out" on any existing investments so are they bringing in any money from those investments or is it just more and more funding to do further investments that powers everything?