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mkodiak

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I can't speak for YC investment strategy (see the numerous posts on how to apply to YC for this), but there are certainly problems with the existing photo sharing solutions.

None of Flickr/Picasa/Facebook allow you to view and download a collection of photos accumulated from a large group of people from a single page.

I personally dislike having to click through a half dozen facebook profiles/albums to view an event's photos. Similarly, I dislike having to visit multiple different photo-sharing site du jour's to attempt (and sometimes be unable) to download all of an event's pictures. Having a one-stop shop for this task (which I do regularly) is a valuable time saver.

As long as people are still being frustrated by problems in the photo sharing space then there will be room for new startups.