Did you not understand what YC was? They're essentially an investment bank that doesn't accept new clients. They make money, they're not a charity. Quality only matters insofar as it drives sales and doesn't create liabilities.
I know it can be shocking to some people to learn this, but you can make money ethically.
Especially now, business ethics are for the "little people." The modern billionaire class no longer cares about even keeping up the appearance of decency.
These people are hungry ghosts.
I just want to say I really like this "third comma" expression for billionaires.
That's good, but what if the goal is min-maxing money making? Everything else becomes secondary.
They rather sell themselves as early-stage startup incubator.
See https://www.ycombinator.com/
"We help founders at their earliest stages regardless of their age."
"We improve the success rate of our startups."
"We give startups a huge fundraising advantage."
and https://www.ycombinator.com/about
"The overall goal of YC is to help startups really take off. They arrive at YC at all different stages. Some haven’t even started working yet, and others have been launched for a year or more. But whatever stage a startup is at when they arrive, our goal is to help them to be in dramatically better shape 3 months later."
But you'd think that would include doing sufficient due-diligence and steering their companies away from scams or unethical activities no?