What is the factual basis for this statement ? Its not like this network will clothe & feed you & find you your next gig when your startup goes south. There are several yc alumni who, after their startup went bust, also went bust.
I think your underestimate the strength of the YC network. I've worked at a YC startup before as an early employee (early enough to go to some events). I'm fairly sure if a YC founder's startup failed, the founders would get snapped up by another YC startup.
I'm not sure about this. Your network's primary purpose is to help find you your next gig. Who are the YC alumni that "went bust"? I would be interested in talking to them.
What is the factual basis for this statement ? Its not like this network will clothe & feed you & find you your next gig when your startup goes south. There are several yc alumni who, after their startup went bust, also went bust.