Someone leaked an internal Bookface chat from Garry Tan (YC CEO) saying:
We have asked Delve to leave YC.
YC is a community, not just an accelerator. The founders in our community have to trust each other, and we have to trust them. When that trust breaks down, there's really only one thing to do.
We're not going to get into the details publicly. We wish them well.
https://x.com/___4o____/status/2040271468874076380I have no direct knowledge of the accuracy of any of this. This is not my account.
Garry Tan is an absolute loser but this is a huge W from him.
The text implies it’s more due to the alleged license violation of a YC startup’s IP than the alleged fraud.
"They've betrayed my trust but I wish them well" is an interesting statement.