Y Combinator alum launched a new $34M fund dedicated to YC startups, backed by Garry Tan

Investing in EBINATOR companies can lead to great returns for investors.

“If you look at the data: 6 % of YC companies become unit, and from this 6 % in the quarter it becomes decacorane,” said Colver Tagar. Taggar is YC twice, famous for establishing ZEUS Living, an emerging property management company that raised more than $ 150 million of financing.

A very confident trees in the continuous return capabilities offered by the famous accelerator that he created a phosphorous Capital, a project dedicated only to investing in YC companies. Since its launch last year, Foshor collected $ 34 million of capital through two boxes.

Although phosphorous is not the only investment capitalist company that focuses on startups in YC – Employment of the Pioneer and Rebel Stretch similar strategies – the company is the only allocated yC fund led by a single public partner. Because of the long taggar relationship with YC, he also handed over the CEO of YC Garry Tan as an investor in the fund, he says.

Taggar’s relationship with Y Combinator began in 2007 when he and his cousin, Herkeg, and founders of Stripe Future Patrick and John Collison started startup, Auctomatic, through the program. Although Auctomatic was sold after only one year, this experiment was a key to falsifying a strong connection with the TOP accelerator.

He passed through Y Compinator again in 2011, this time with Zeus Living, a startup that bought homes to offer furnished accommodations with flexible terms for personal travel and personal travel. The prepared capital, which was co -founded by the current YC president Garry Tan, joined the LEUS LIVING and Tan series, and Tan joined the Board of Directors.

At its peak, the startup value was more than $ 200 million and an annual revenue rate was about $ 120 million, according to Taggar.

However, Zeus faced the large winds when interest rates increased earlier in this contract and the startup was sold to the Blue Grawnd competitor in late 2023 due to the unannounced terms.

Taggar fired phosphorus just months after Zeus left. He told Techcrunch that he was especially excited to allow the opportunity to invest in small startups of artificial intelligence and the leadership of Garry Tan for the prominent Messenger. “You can look at this as a bet on Gary. I think he takes Yombinator to new levels,” said Taghara.

Unlike many emerging managers, Taggar had a relatively easy -to -raise of capital. Behind Tan, the other LPS says Zeus investors. “I had a relationship with them and a busy record, so they knew me, and they knew how difficult it was to work,” he said.

Among the others are family offices and a great asset manager betting on Taggar in a large part of it because of his deep relationship and long -term relationships with Y Combinator.

“Kulveer is what you may call OG since the early days of YC,” said Jared Friedman, a YC partner. “He is close to me and many people who are now running YC.”

Taggar wallpaper as YC drink and founder was also part of the clouds to the phosphorous of LPS and the benefit of the founders. “Zeus was a very difficult company. He had a huge number of battle scars from doing this difficult thing in the material world,” said Friedman. “I hear this from the founders that he has incredible sympathy for what he is going through, because he all went through it.”

Phosphorous writes checks ranging from $ 100,000 to $ 500,000. The company has already supported more than 200 YC companies, with many companies collected to finance the series A, including the Gumlooop and Circleback Manager.