Garry Tan’s return is a full circle moment for Y Combinator

Initialized Capital was venture capitalist Garry Tan’s answer to a need first highlighted by Y Combinator. As a partner at the accelerator from 2010 to 2015, Tan spent time working with companies to better understand what they needed from investors after they graduated.
“I literally built the seed fund that I wanted to exist for those companies,” he said in an interview over Zoom with TechCrunch. Today, Initialized Capital manages over $3.2 billion in assets under management and Tan is stepping back to return to the accelerator that was his muse — this time as the new chief executive and presi

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