Evidence receipt / prediction
Published · transcript-backedAnu Hariharan: prediction
12 May 2022 Acquired Arena Show Part I: Idea Dinner + YC Continuity
“I think that's a new change for YC since 2015, because when YC was started, this model wasn't proven.”
Source trail
Everything needed to verify it.
- Speaker
- Anu Hariharan
- Attribution
- Verified speaker
- Claim type
- prediction
- Recorded
- 12 May 2022
- Publisher
- Acquired
Transcript context
…I actually want to ask on a thing that I, for some reason, ask David, even though I probably should have asked you. When a company exits or it has a liquidity event, such as Airbnb, what does YC do with that liquidity? And is YC an LP in itself for future Continuity funds? Right now, it's set up just like any other funds. We have incredible LPs, primarily university endowments because our mission is more university-oriented. The structure is very similar to other funds. I think that's a new change for YC since 2015, because when YC was started, this model wasn't proven. It was actually self-funded by the founders. Okay, so self-funded by the founders. I know Sequoia was involved at one point putting up capital. I think that was the capital invested in two batches for five-ish years?…
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