I’m not sure how much the interviews add compared to the Y Combinator model of investing in a lot of startups very early on at unusually favorable terms, integrating with Hacker News, and building a YC community with alumni & new angels. (As far as the latter goes, you can ask AngryParsley why he went into YC for Floobits: it wasn’t because he needed their cash.)
I’m not sure how much the interviews add compared to the Y Combinator model of investing in a lot of startups very early on at unusually favorable terms, integrating with Hacker News, and building a YC community with alumni & new angels. (As far as the latter goes, you can ask AngryParsley why he went into YC for Floobits: it wasn’t because he needed their cash.)