Series A funds seen as top VC alpha, Garry Tan notes

Series A funds seen as top VC alpha, Garry Tan notes
New Series A funds lead VC alpha

Garry Tan, president and CEO at Y Combinator, describes Ashton and Morgan as an impressive new general partner team in venture capital.

Tan observes that at this moment, new Series A funds may represent the biggest source of alpha in the VC industry.

Tan previously estimated that the Fable 5 ban could cause $12 million in hourly productivity losses for AI-coding developers by mid-2026, according to his recent comments. The estimate followed widespread debate over software restrictions in tech sectors. Tan’s latest statements come as he continues to weigh in on both industry-wide risks and venture capital trends.

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