The YC funny ecosystem is like its own little universe. It operates separately than this other stuff. A lot of what people don't understand is the power of running an auction, right? Like they just like, it's so rare that you really get to run an auction. Most founders, early stage founders are not running an auction. They're begging for money.
With the YC S22 batch coming to a close, Dalton Caldwell and Michael Seibel reflect on the recent batch and their experience fundraising. The two group partners also clear up some misconceptions about Y Combinator based on feedback from founders.
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