Anu Hariharan: preference

Transcript context

…Is that still how it works? Each batch and each Continuity fund has its own set of LPs that you go on an individual sort of fundraising mission for that specific vehicle? Yeah. We have early-stage fund as well as the late-stage funds. We have pretty much the same set of LPs across both funds. Because our ambition is to grow the batch. Why is that? Because we want to keep the bar high. When we say the bar high, we want the founders to be working on the right problems, not the wrong problems. There are amazing founders. But if they're working on a problem because it's following a hype cycle and it's not a unique insight, then accepting them we are doing a disservice to them because they've decided to stop doing whatever they're doing to work on this. But we're not like an Ivy League institution that thinks that the batch size has to be only, like Princeton probably has a fixed class size that doesn't grow. We don't want to be that because we think there are incredible founders everywhere. If we have a chance to give them that first opportunity and that really opens up doors for them, we want to be able to do that. We can see batch sizes of 1000–2000 YC companies in the future.…

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