English
RussianGarry is a designer, engineer, and founder turned early stage investor, co-founding Initialized Capital in 2012. The firm has invested at the earliest stages of companies like Coinbase, Flexport, Instacart, and Cruise. Prior to Initialized, Garry spent nearly 5 years as a partner at Y Combinator, advising and funding more than 1,000 companies andfounders. He was co-founder of YC-backed blog platform Posterous (acquired by Twitter in 2012) and previously worked at Palantir as a founding member of the engineering team. He also designed Palantir’s logo. Garry holds a BS in Computer Systems Engineering from Stanford University.
Investors Garry Tan
Garry Tan
Projects
4
Portfolio market cap
$27.4M
sum across all projects
Raised in these rounds
$47.5M
4 of 4 rounds with disclosed amounts
Tier
—
About the fund
Portfolio · 4
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 Origin ProtocolOGN | $0.0206 | $0.1200 | 0.17x | — | — | $14.3M | |
 ResearchCoinRSC | $0.0539 | — | — | — | — | $13.1M | |
 Parcha | — | — | — | — | — | — | |
 Phantom | — | — | — | — | — | — |
Entry price and ROI come from the source's data for this fund. Stage and date are derived by matching the entry price against the project's rounds; where there is no match, a dash is shown.
Funding rounds · 4
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| Parcha | Seed Round | $5.0M | $50.0M | |
| ResearchCoin | Seed Round | $5.0M | $50.0M | |
| Phantom | Series A | $9.0M | $90.0M | |
| Origin Protocol | Corporate Round | $28.5M | $120.0M |
Focus areas
Education1
Ethereum Ecosystem1
Co-investors
Boost VC1 shared
Sora Ventures1 shared
Guillermo Rauch1 shared
OSS Capital1 shared
Amjad Masad1 shared
Bob Young1 sharedFunds that most often back the same projects.