YC renamed group partners to general partners.. Because that's what they actually are. Investors in the company for life. This moves YC partners away from the old narrative about YC as summer camp, with camp counselors who you never see again after demo day. YC partners will understand each business deeply, who their customers are and then they are able to ask the right questions, as a sounding board outside your day to day. The other piece is the batch itself. 150 companies per batch, all top 1% founders who went through the same selection process. They help each other constantly. Garry's actually given the example of when he went through YC with Posterous, they became friends with the Heroku founders. Heroku helped them raise their seed round and gave advice on scaling. Six months later, Heroku had a problem. They thought Posterous's codebase might not run on their platform and asked for GitHub access to debug it. Posterous gave it to them…! Can you imagine meeting someone at a regular vc conference and giving them your codebase lol. A lot of relationships between YC batch mates is built on so much mutual trust that help is always there. While I am primarily an investor in YC companies I still hear+see tons of other deals from other accelerators / ecosystems and I don’t see the same compounding network anywhere else but YC… it’s much closer to something like a permanent support structure where your batch mates and partner stay with you indefinitely. I think this is another reason why we are seeing post-PMF companies willing to take the dilution.