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July 21, 2017 02:54 pm GMT

Y Combinator is reportedly raising a $1 billion fund

Silicon Valley startup accelerator Y Combinator is raising up to $1 billion for a new venture capital fund, Axios is reporting this morning. The fundraising comes less than two years after YC announced the close of its first big investing vehicle, a $700 million growth fund called the Y Combinator Continuity fund that it hired Ali Rowghani to oversee. Rowghani was once the COO of Twitter; he… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MGvkFfw59oY/

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