I am missing the point here — has anyone here *read* Altman’s piece? I am not defending the motivation behind it — just saying he doesn’t actually say many of the things the piece above accuses him of saying. His main argument is that startups shouldn’t pre-accelerate *just* in order to get into YC. The corollary is ‘YC is awesome, try to get in direct’. Now whether he, or 500 or any other accelerator that takes 10% for 10k or whatever is worth it … that’s another question.