Yep, you can actually go through the list of companies YC has funded on the website and most of them are out of business today (as you’d expect based on the stats on VC backed ventures). Of course, nobody talks about those.
I am struggling to understand what you're trying to say. Technically what you said is perfectly correct, but in a "the sun goes up in the morning and comes down in the evening" kind of a way. I doubt there are many people on Hacker News who don't realize that most VC backed ventures fail.
What would have been more insightful is a conversation around relative benchmarks. For example, "do YC companies fail at a higher rate than the cohort of equally funded companies?" (hint: no).
Or perhaps, if you're trying to criticize the VC industry, perhaps ask, "if a VC put in money in every YC company since the beginning of YC, what would their IRR be today?" (hint: massive).
I'm trying to say: 'Of course, nobody talks about those.'
Since it's soooo obvious that we should all hide our failures and glorify our successes without questioning this practice (I did say 'of course'), I understand how you missed the point.
