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"YC Partners Garry Tan and Harj Taggar along with the early-stage firm’s “Ambassador to the East” and Reddit co-founder Alexis Ohanian have raised $39 million f
by greghinch 13y ago
"YC Partners Garry Tan and Harj Taggar along with the early-stage firm’s “Ambassador to the East” and Reddit co-founder Alexis Ohanian have raised $39 million for a separate fund called Initialized Capital, according to an SEC filing today.
...Taggar, who recently went part-time at Y Combinator, was not involved in raising this fund."
Am I the only one confused by this wording?
- CyrusL 13y agoHarj is traveling right now. She means that only Garry and Alexis raised the money, but all three of them will invest it.
- seeingfurther 13y agoI'm with you. It's a confusing statement. Why include it?
- daveying99 13y agoTo show that he wasn't fooling around with side projects when he was still full time at YCombinator? The journalist wouldn't have put it had it not been emphasized by his sources. And if they brought it up it's likely because Harj giving less attention to YC is a sensitive topic for the other partners at the firm.