"Possible" ideas and "profitable" ideas are two different things. YC is a place where ideas are devalued the most since PG has admitted he's just taking a scattershot approach to investing and focusing instead on teams. At the end of the day, you need to have a good idea. Yeah, there are many ideas that are feasible but only a few blockbusters - that's the point.
I don't disagree with you. The clarification between possible and profitable is a subtle and important one.
An organization is only as good as the people behind it and their ability to chart a course forward.
I'm not sure if YC devalues them or values the team more -- I'd certainly want the people beside me to be of a certain caliber regardless of what we faced or came up with.
