Web retail is my industry, and I am fully aware of how unsexy it is compared to the plethora of mobile, social, and saas startups that have been the mainstay of YC's selections.<p>That said, it's also a very profitable industry, and there's no reason that a YC-funded ecommerce company can't be wildly successful. Yet, as far as I can tell by reviewing yclist.com, they have never accepted one. Am I blind, am I missing something, or is there something fundamental about the web retail model that YC absolutely hates?