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I also found his claim that the non big win YC companies were either acquired, failed, or in a zombie state.

The first two make sense, but I have no idea what a zombie startup is. The only real example of something like that would be Color. Those in Palo Alto have seen their giant office space with nobody in it, but whenever I walk by I get the feeling its a bit more like Willy Wonka's Chocolate Factory than a ghost town. These startups are churning away in a quasi stealth mode and who knows what they might produce.

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