This is awesome for YC / YC startups as well as AH as they get to be in the YC companies at the very early stage. However, I am not able to understand why VC firms would go so broad and fund such a large number of startups with amounts that are insignificant for their fund sizes. Would it not be distracting? Would it not leave them with too broad a portfolio to be able to truly make significant contributions to the company's success? Does it not feel like a spray and pray approach? I <i>totally</i> understand this from a deal flow perspective but I'd love for VC firms to focus on deals they believe in and focus on building massive game changing businesses. And for this, I am sure they have to invest in 10 to find 1 that works, but investing in 200 feels not so right - and lacking conviction.