I added more detail to that paragraph to make these things clear.
However, there are certainly things they would be fooled by, especially given a) the relative shortness of YC applications/interviews, and b) that they are all very smart and experienced people and as such are very likely to succumb to cognitive biases.
In fact, given the number of "10 tricks to get into YC" posts we see around YC application season (I wish my mock title were an exaggeration), I would be very surprised if there weren't any traits that did in fact fool PG et al and that could be used advantageously if one's only goal were to get into YC for the sake of it (it's very silly, but I've met many such people during my years in the startup scene).
We know that there are attributes that are good signals to them - they have said so. Examples include being a self taught hacker (preferably programming since high school), being close friends/having worked in the past with the other founders, focusing on things that don't scale, talking to the customers, etc. I would be terribly surprised if there has never been a founder who has filled all these checkboxes, made PG say "whoa this person reminds me of our past founder X, and they were super successful, of course we want them in the batch", only to have them fail miserably during YC.
So what did PG get tricked by in the past? That would be an interesting essay.
I'm afraid that I get too excited while reading the parts that resonate so strongly with me that I gloss over important attributes where I need improvement. An essay identifying characteristics that made founders look very promising whose startups ultimately failed due to controllable variables would be very helpful for me. I'd be able to relate to characteristics I may (think I) have, and learn that those aren't enough. Or I'd learn that those characteristics are easy to mimic, that I'm not so apt as I imagine, and I'm just fooling myself about characteristics where I need far more improvement.
... particularly his long neck.
That detail really could have been omitted. It adds nothing and comes across as disparaging.If pg decides to edit it out. I'm fine with this comment referencing it being deleted as well. There's no reason for that observation to persist in an article that might be linked to again every time this meme comes up.
I think it's quite plausible that people have biases. Venture capitalists are not exempt from bias. The thing about biases is that people don't realise they have them.
In other words, they're likely using the quote as a club to hammer pg with. Maybe justifiably so, it really was kind of a dumb thing to say.
Just yesterday Jesse Jackson had an interview saying he thinks it's time for the government to get involved in tech company diversity, so there could be some more journalists preparing stories on the issue.
I wish PG would talk more about the cognitive bias in VCs. Too many women have to ask the question "how do I get VCs to take me seriously"
With this post, the foundation has been laid for a counterattack. One way to do it would be to publicly name and shame any credentialed journalist who uses the quote out of context. Don't just be "curious how fixable this sort of bogus meme is"—use your formidable influence and numerous supporters to attack those who attack you.
Typically, resorting to misquoting and misconstruing only happens if a good counterargument to one's actual views can't be found. So I take it as an indicator of good (and possibly controversial) thinking if someone feels forced to respond in this manner.
Sam Harris has become quite experienced at handling this sort of attack, although he's had to spend significant time doing so.[1][2] Any victims of misconstruing might want to follow his style.
1. http://www.samharris.org/blog/item/on-the-mechanics-of-defam...
2. http://www.samharris.org/site/full_text/response-to-controve...
Note: I made a similar comment on the flagkilled version of this article, but I figured I'd respond here since it seems to be the canonical thread.