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Interesting... so if, say, the diaspora guys want to apply to YC, will that create a conflict of interest?
Zuckerberg himself donated to Diaspora, so I don't think he'd care.

You're not going to see a startup get accepted that is essentially a competitor to Facebook -- it's too late for that. Even if it were, this partnership would give them the chance to know about the startup and acquire it long before it becomes a threat.

You're not going to see a startup get accepted that is essentially a competitor to Facebook -- it's too late for that.

Really? In the recent video of Scoble interviewing pg pg mentioned that yc funded a privacy-oriented social network company that failed.

So I don't think a facebook competitor is out of the realm of yc funding.

How about if a startup works with YC and FB, will they be prohibited from working with Twitter? What if FB is developing a "beta feature" that the startup wants. Can they ask Twitter for the same feature?