Y Combinator Debuts YC VC To Replace The Start Fund; Includes Yuri Milner, Andreessen Horowitz

Two years ago, Yuri Milner and Ron Conway created The Start Fund to put $150,000 into all Y Combinator companies. Y Combinator ended up managing the fund, and encountered a few issues. So the incubator has decided to revamp the program to become more startup friendly. The new fund is called YC VC, and offers less money--$80,000 per startup.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/eNLMhBLp8dU/

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