Technology
Y Combinator scales back its late stage team, laying off 17 employees, or ~20% of YC staff, calling late stage investing a "distraction from our core mission" (Natasha Mascarenhas/TechCrunch)
Natasha Mascarenhas / TechCrunch:
Y Combinator scales back its late stage team, laying off 17 employees, or ~20% of YC staff, calling late stage investing a “distraction from our core mission” — Y Combinator will be writing less checks toward late-stage companies, a scale back that also cost 17 team members …
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