Y Combinator’s YC VC Will Replace The Start Fund; Includes Yuri Milner, Andreessen Horowitz But Offers Less Money

     Yuri Milner, Andreessen Horowitz, General Catalyst, and Maverick Capital establish YC VC fund on this month. They are the investors. The Venture Capital invests to all alumni of Y Combinator. The investment amount is $80,000. This amount is lower than Y Combinator’s investment amount. The reason is two. One is money problem between investors and founders. Another is YC VC asks more helping VC to startups.

URL: http://techcrunch.com/2012/11/26/y-combinator-debuts-yc-vc-to-replace-the-start-fund-includes-yuri-milner-andreessen-horowitz/

-Note

VC: Venture capital

Y Combinator: Y Combinator runs two three-month funding cycles a year. We ask the founders of each startup we fund to move to the Bay Area for the duration of their cycle, during which we work intensively with them to get the company into the best shape possible.