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/2040271468874076380

I have no direct knowledge of the accuracy of any of this. This is not my account.

▲ minimaxir an hour ago | parent | next [-]

The text implies it’s more due to the alleged license violation of a YC startup’s IP than the alleged fraud.

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kstrauser 38 minutes ago | parent [-]

Really? I know nothing about this other than what I've read here, but my first guess was the breakdown in trust means the allegations of fake audits.

	▲	minimaxir 26 minutes ago \| parent \| next [-]
		I was half-joking, but if YC has a legal issue resulting from the alleged fraud (unclear currently), kicking out the company for the lesser infraction would make more sense.
	▲	wahnfrieden 29 minutes ago \| parent \| prev [-]
		It is very clearly the fake audits.

▲ BugsJustFindMe 30 minutes ago | parent | prev [-]

"They've betrayed my trust but I wish them well" is an interesting statement.

	▲	margalabargala 23 minutes ago \| parent [-]
		"I wish them well" is an idiom for "I never want to see them again". Kinda like "bless your heart", which means nothing of the sort.