Chapter
YC breaks $8 billion fund into two $900 million funds
52:34 - 57:54 (05:20)
Y Combinator is breaking their $8 billion fund into two $900 million funds, becoming their 8th and 9th fund. Additionally, YC let go of their growth team this week, including the 17 employees on the continuity fund, which was doing late stage investing.
Clips
Y Combinator’s $8 billion fund is reportedly being cut in half and divided into two $1 billion funds.
52:34 - 57:54 (05:20)
Y Combinator
Summary
Y Combinator’s $8 billion fund is reportedly being cut in half and divided into two $1 billion funds. This comes after YC also let go of its 17-person growth team that oversaw late-stage investing.