Does taking YC money blended with Sequoia money lead to unfavorable terms down the line if raising VC?
As you probably know, YC is taking money from Sequoia to help fund YC companies this term: http://ycombinator.com/party.html
Chris Dixon (http://www.businessinsider.com/the-problem-with-taking-seed-money-from-big-vcs-2009-10) and Venture Hacks (http://venturehacks.com/articles/options-open) put forward the following argument: Although Sequoia does not get right of first refusal, having a single VC participate in a company's seed funding can nonetheless hurt the company in the long run.
What do people think about this potential downside?