A founder kept saying "if only we had money we'd do X." Money is not the fire. Money is gasoline you pour on a fire that already exists. You don't … - Garry Tan
" "A founder kept saying "if only we had money we'd do X."
Money is not the fire. Money is gasoline you pour on a fire that already exists.
You don't have a funding problem. You have a "people don't want it yet" problem. Go make the first fire.
About Garry Tan
Garry Tan is an American venture capitalist, designer, and engineer who serves as President and CEO of Y Combinator. He earned a BS in Computer Systems Engineering from Stanford and was an early employee at Palantir, where he designed the company's logo. In 2008 he co-founded Posterous, a YC-backed blogging platform acquired by Twitter in 2012. He later joined Y Combinator as one of its first partners, where he wrote internal tools including Bookface, the network connecting YC alumni founders. After leaving YC in 2015 he co-founded Initialized Capital, an early-stage venture fund whose investments include Coinbase, Instacart, and Flexport, with its largest fund closing around $700M in 2021. He returned to Y Combinator as President and CEO in 2023 and is also the founder of Garry's List, a continuation service for Posterous users, and the creator of GStack and GBrain. He is based in San Francisco and publishes a popular YouTube show on startups and investing.
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