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YC Partners Taggar, Tan And Reddit Co-Founder Ohanian Raise $39M For Initialized Capital

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http://techcrunch.com – YC Partners Garry Tan and Harj Taggar along with the early-stage firm’s “Ambassador to the East” and Reddit co-founder Alexis Ohanian have raised $39 million for a separate fund called Initialized Capital, according to an SEC filing today. All three of them have been investing on their own for a couple years and Initialized Capital isn’t formally tied to Y Combinator in any way. It is their own fund. Taggar, who recently went part-time at Y Combinator, was not involved in raising this fund. Initialized looks for high-quality founders first and then try to see if they ca (IT news)