While "As we worked to establish YC China, we had a change in leadership. With this, our strategy changed back " does give 50% of the answer as to "why", I'd be great to hear from otherwise transparent YC about why the strategy changed and why it didn't work out.
YC China was a bet at doing something different. With that gone—and idk if it should have stayed or gone.. sometimes experiments fail—what is YCs plan?
Invite 200, 300, 500, 20,000 companies to SF? maybe it is the best option, but also maybe not the best thing to do. YC Seems stuck in an innovator's dilemma. Reminds me of Apple under Tim Cook. Keeping a good thing going, but nothing innovative.