First off, Jessica is awesome. Second, this interview gives a rare glimpse of the YCombinator through the eyes of a non-pg founder.
In particular, I was surprised to hear that Jessica didn't see a "vision" in the early days and that it was more of a try-and-see type of thing to learn quickly about angel investing. Not sure pg's ever admitted that fact (or maybe just doesn't see it that way?).
"Originally, Y Combinator was just going to be like regular angel investing, asynchronous, not this whole batch model. We discovered that later by accident."
when you're looking back at there's usually a vision, when you're looking forward there rarely is. It's the way the mind works - we like to connect the dots.
In particular, I was surprised to hear that Jessica didn't see a "vision" in the early days and that it was more of a try-and-see type of thing to learn quickly about angel investing. Not sure pg's ever admitted that fact (or maybe just doesn't see it that way?).