Y Combinator is doubling down on crypto founders despite market volatility

Crypto founders have heard the saying a thousand times in the past few months – there’s no better time to build than during a downturn. In Y Combinator’s latest cohort, there are 30 crypto startups, up from 25 the batch prior; showing that the accelerator, and the founders it is betting on, believe in the adage.
Furthermore, YC seemed to hone in even further on crypto even as it trimmed its overall batch size this summer. Doing quick math, crypto startups make up 13% of the companies in this summer’s YC cohort, whereas crypto only accounted for 6% of the prior W22 YC batch, meaning the percent

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