https://www.ycombinator.com/people
There are 1.35 million lawyers in America (4 lawyers per 1000 people in the sad State of California) and they are all looking for someone to sue.
If you have a visible business footprint you are a target and have to lawyer up.
Just a Fact of life - Not really a reflection on YC or any other company.
I expect they will announce either some startup backoffice/HR/admin tool, or some centralized vetting/investment for the masses, like robinhood but for pre IPO. The former is more likely. maybe start as something crap but hyped out of propo,rtion like a founders master classes by subscription.