3 ms·
It'd be need if somebody ran a YC Hedge Fund. I'd happily pay 2% and 20% management fees! :D
by reaclmbs 14y ago
It'd be need if somebody ran a YC Hedge Fund. I'd happily pay 2% and 20% management fees! :D
- jwb119 14y agoYuri Milner and SV Angel pretty much do exactly that though the Start Fund. Although I doubt it's that easy to buy in. Ha.
- swampthing 14y agomaybe wefunder can get in on the YCVC program :) all they need is ~$1m
- gbelote 14y agoHaha - maybe we'll do something like that for the next batch, we'll see! We do have a few batchmates on our platform, you can always create your own index and invest in all of them. :) (Unfortunately due to regulations we can't publicly say who they are, and viewing/investing is limited to accredited investors only... for now!)
- johnrob 14y agoI've been looking for the right place to ask for this very thing. There's no savvier investor than YC itself, and they allocate their money in a very specific and consistent manner: equally across all startups in a batch. Full coverage is more important than doubling down on a winner. For anyone with X to invest, it's hard to argue that investing X/n in all n YC startups is not the best approach. Do it!
- lisper 14y agoI ran such a fund for the S08 batch. It did quite well (>60% annual IRR, which was very good for an '08 fund). I wanted to make it a regular revolving fund (i.e. a new fund for every YC class), but there wasn't enough interest. Most people who angel invest want to be in control of the investment decisions, so a fund is a hard sell. Administering such a fund is non-trivial, but I would happily do it again if I could find enough interested investors. It's a great way to get started and/or diversify a relatively small investment.