Remember Start Fund, the investment vehicle established by DST’s Yuri Milner (as an individual) and Ron Conway’s angel fund, SV Angel?
A couple of weeks ago, we broke the news that the fund, which is managed by SV Angel partner David Lee, made a gutsy blanket investment offer to every single one of the 40 or so Y Combinator startups in the most recent batch.
Start Fund offered to provide $150,000 in convertible debt to every one of those Y Combinator startups.
To read the full, original article click on this link: SEC Watch: Start Fund Raises First Round, Totaling Nearly $6.5 Million
Author: Robin Wauters