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Comment by reaclmbs | Hacker News Reader

It'd be need if somebody ran a YC Hedge Fund. I'd happily pay 2% and 20% management fees! :D

I ran such a fund for the S08 batch. It did quite well (>60% annual IRR, which was very good for an '08 fund). I wanted to make it a regular revolving fund (i.e. a new fund for every YC class), but there wasn't enough interest. Most people who angel invest want to be in control of the investment decisions, so a fund is a hard sell. Administering such a fund is non-trivial, but I would happily do it again if I could find enough interested investors. It's a great way to get started and/or diversify a relatively small investment.

Yuri Milner and SV Angel pretty much do exactly that though the Start Fund.

Although I doubt it's that easy to buy in. Ha.

maybe wefunder can get in on the YCVC program :) all they need is ~$1m

Haha - maybe we'll do something like that for the next batch, we'll see!

We do have a few batchmates on our platform, you can always create your own index and invest in all of them. :) (Unfortunately due to regulations we can't publicly say who they are, and viewing/investing is limited to accredited investors only... for now!)

I've been looking for the right place to ask for this very thing. There's no savvier investor than YC itself, and they allocate their money in a very specific and consistent manner: equally across all startups in a batch. Full coverage is more important than doubling down on a winner. For anyone with X to invest, it's hard to argue that investing X/n in all n YC startups is not the best approach.

Do it!

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