The full quote: “We have no ambition to emulate the likes of Y Combinator, or even Kima Ventures, from the start. But we aspire to what they have built — our ultimate goal is to get to that level.”. When read like this it sounds like eventually he would like to build something like Y Combinator.
I posted it with the original title from Sifted after reading "“Our application format will be familiar, similar to that of Y Combinator’s — simplicity will be key for deploying capital fast,” says Piacentini."