Xavier Kong · · 1 min readY Combinator to welcome Initialized Capital founder as new CEO
Startup fund and accelerator Y Combinator will see Initialized Capital founder Garry Tan as its new president and CEO next year.
Garry Tan / Photo credit: Y Combinator
Tan will succeed Geoff Ralston, who has been with Y Combinator since 2011. Ralston will be leaving at the end of the year.
No stranger to Y Combinator, Tan had previously joined the fund as a partner after selling blogging platform Posterous – which he co-founded – to Twitter in 2011. He advised startups at Y Combinator while creating some of the core internal software at the accelerator.
In 2015, Tan left the firm, wishing to focus more on Initialized Capital, a venture capital firm he co-founded in 2012.
In anticipation of Tan’s shift to helming Y Combinator, Initialized Capital promoted Jennifer Wolf and Brett Gibson to managing partners. Tan will continue to be a strategic advisor at Initialized Capital after his move to Y Combinator.
See also: Mandiri Capital CEO strong candidate to lead Indonesia’s newest state-owned VC
Editing by Miguel Cordon and Jaclyn Tiu
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