Startups, Investing, and Technology by Garry Tan
Founder holds 50 percent and faces liquidity issues, Garry Tan notes
A founder who owns 50 percent of their company with 20x voting rights faces a $500 million tax bill due to a 5 percent asset seizure tax on a $10 billion valuation but has limited liquidity to ...
Garry Tan: Profit can replace Series A funding for startups
Garry Tan, who serves as president and CEO at Y Combinator, advised startup founders to focus on profitability and operating with efficient decision-making processes. He stated that generating $10 ...
Startup harnesses gain real utility from token burn incentives, Garry Tan notes
Garry Tan, president and CEO at Y Combinator, discusses how harnesses introduced by labs are incentivized to burn tokens, creating direct utility for those developed by startups. Tan describes ...
Garry Tan: Out of box finance agent speeds up company spend insights
Garry Tan, president and CEO at Y Combinator, encourages companies to implement a finance agent solution to better understand business expenditures and their impact on ROI. Tan highlights that ...
Misunderstanding prices shows lack of market experience, Garry Tan notes
Garry Tan, president and CEO at Y Combinator, questions the understanding of markets among those who have not held traditional jobs or managed businesses. Tan argues that these individuals often ...
Garry Tan: San Francisco public bank proposal risks city finances
Garry Tan, president and CEO at Y Combinator, criticized a proposal for a San Francisco public bank, claiming it would be staffed by associates of absentee city supervisor Jackie Fielder. Tan ...
Series A funds seen as top VC alpha, Garry Tan notes
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 ...
Garry Tan: Fable ban estimated to cost $12M per hour in lost productivity
Garry Tan, president and CEO at Y Combinator, estimates that the ban of Fable 5 could result in a $12 million loss in productivity per hour. Tan cites a rough calculation based on 5 million ...
Prop D introduces an 800% business tax increase impacting costs, Garry Tan warns
Garry Tan, president and CEO at Y Combinator, argues that Prop D is not a tax aimed at highly paid CEOs, but rather a tax on regular individuals through an 800% increase in gross receipts tax. ...
