Well, the benefit to YC is that they can get a better feel for companies which may fully apply to a class for a somewhat nominal fee. Stronger branding, bigger presence, and just doing some cool shit to boot.
I agree that people need to be aware that their company should offer some benefit to YC as well, just simple business...exchange of value.
Indeed, there were secret deals with record labels in which Spotify gave up 'some amount' of equity to majors in order to be able to stream their catalogs....along with an upfront sum of course.
I think the real problem that isn't being discussed is the fact that on a service such as Spotify it is impossible for an artist to be independent, his/her efforts WILL support majors via their equity in streaming services.
Their service isn't free, they charge an administration fee of 3-7% (depending upon the organization we are talking about). It just comes out before you get your check.
I agree that people need to be aware that their company should offer some benefit to YC as well, just simple business...exchange of value.