not really that surprising, if you follow techcrunch you can definitely see that they value $$$ above else. The way they see it, is that someone got $$$ their idea got validated.<p>Thats why they cover YC startups so much, because PG does the leg work of verifying that the ideas have merit and its worth reporting on it
The amount of money that some of these startups have already taken is mind blowing. What the heck are they spending it on? I was under the (wrong) impression that the vast majority of these companies had taken between $0 and $500,000.