I'm sorry, but this is not a YC grievance comment by any stretch. And it is not mine. Damien Katz wrote it a long time ago, and he is not bitter.
I submitted to HN as I could not find it posted here, and wanted to know the community had to say. I had in mind it would foster a discussion on YC interview tips and experiences, which are sorely lacking arond the web (specially failed interviews, and these teach more than successful ones).
This is also an old post (2006), and YC guys probably learned a lot in the mean time. About Damien's comment It's a Flawed Process. Tough Shit Fella, even pg admitted it can happen when talking about competing seeds on his recent interview to Forbes (http://www.forbes.com/forbes/2010/1108/best-small-companies-...):
Graham welcomes the competition. "It's better for entrepreneurs," he says. "If we make a mistake and don't fund somebody great, they still have a chance."