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Garry Tan

From Wikipedia, the free encyclopedia
American venture capitalist (born 1981)

Garry Tan
陳嘉興
Tan atWeb Summit 2018
Born1981 (age 43–44)
Winnipeg, Canada
Alma materStanford University
OccupationVenture capitalist
Known forY Combinator
Posterous
Posthaven
Initialized Capital

Garry Tan (Chinese:陳嘉興;Pe̍h-ōe-jī:Tân Ka-heng; born 1981) is an American venture capitalist and executive who is theCEO ofY Combinator[1] and a founder ofInitialized Capital.[2] He previously co-foundedPosterous and Posthaven.[3] He was an early employee atPalantir Technologies, and previously a partner at Y Combinator.[4] Tan is also known for his engagement in San Francisco politics, both as a commenter on social media and as a political donor.

Early life and education

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Tan was born in 1981[5] to aChinese Singaporean father and aBurmese-Chinese mother inWinnipeg, Canada.[6][5] His father worked in a machine shop as a foreman, and his mother was a nursing assistant.[7] The family settled inFremont, California in 1991, and Tan graduated fromAmerican High School.[6][5] He started programming at 14 and found his first job by cold-calling theYellow Pages.[8]

He attendedStanford University from 1999 to 2003, and graduated with a bachelor's degree in Computer Systems Engineering.[5]

Career

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Tan worked at Microsoft and then became the 10th employee atPalantir Technologies.[5] In 2008, Tan co-foundedPosterous, a blogging platform, which was acquired by Twitter in 2012 for $20 million.[8] He co-founded Posthaven after the shutdown ofPosterous.[9] He joined Y Combinator in 2011 as a designer in residence and partner.[5][10][11] At Y Combinator, Tan helped compile a directory of "the best and the brightest interaction designers and visual designers" and wroteCoinbase’s first seed round check in 2012.[8][12] While at Y Combinator, Tan and fellow Y Combinator partners raised $7 million in venture capital funding to support Y Combinator alumni companies, includingInstacart andCoinbase.[11]

Tan was a founder ofInitialized Capital, a venture capital fund.[13] In 2012, Tan raised $7 million for Initialized Capital’s first funding round.[14] In 2013, Tan, Harjeet Taggar, andAlexis Ohanian raised $39 million for Initialized Capital.[5][15][11] In 2016, Initialized Capital raised a $115 million third fund.[11] The latest fund was closed in December 2021 for $700 million.[14] Through Initialized, Tan led investments inInstacart,Coinbase, andFlexport.[16]

Tan has been listed on theForbesMidas List from 2018–2022.[17][18][19][20]

In August 2022, Y Combinator announced that Tan would become president of the company in January 2023, replacingGeoff Ralston.[21]

Politics

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Tan has been actively involved and influential in San Francisco politics, both by directing attention to various topics via his social media presence and through donations. Examples of causes espoused by Tan include increased funding for police, and opposition toregulation of self-driving cars, changes to education,decelerationism, Apple's monopoly on apps, and censorship by YouTube. Tan self identifies as a "moderate Democrat".[22][23]

Tan has especially focused on increased housing development in San Francisco.[22] Tan has donated toYIMBY groups such as theSan Francisco Bay Area Renters' Federation, YIMBY Action, and YIMBY Law.[5] In 2020, Tan said in an interview that he followed San Francisco housing news, and supported housing of all kinds, including market-rate housing,affordable housing, andhomeless shelters.[16]

Tan is a board member ofGrowSF, a San Francisco pro-growth political group, donating at least $54,500 to the organization[5][24] He promoted and raised funds for therecall of members of theSan Francisco School Board. Tan himself donated $20,000 to the campaign, and fundraised from friends likeCyan Banister. He promoted the recall and raised money from hisTwitter following.[5]

Tan supported the2022 recall campaign against progressiveSan Francisco District AttorneyChesa Boudin. Tan donated at least $100,000 to the effort.[5][25] Tan blamed Boudin for physical attacks on Asians. Tan alleged that Boudin failed to hold violent criminal offenders accountable and failed to protect the general public, particularly the least advantaged.[25] After the recall campaign succeeded, Tan supported the election of appointed District AttorneyBrooke Jenkins, and appointed SupervisorMatt Dorsey.[26] Tan has also encouraged tech leaders to participate in San Francisco local politics in 2023.[27]

Tan is vocally critical towards what he describes aslegacy media, specifically newspapers. He has describedThe New York Times as upholding "Woke Capital".[28] Tan is known for having blocked tens of thousands of accounts on Twitter/X, including public figures and journalists who have never interacted with him.[22][29]

Tan called Y Combinator a "prototype model" ofBalaji Srinivasan's Network State concept, which proposes creating new countries that start as digital communities and grow into sovereign entities by amassing members, wealth, and physical land.[30][31]

Tan has publicly expressed support for Israel's actions in theIsrael-Hamas War. Tan led a boycott of the 2023Web Summit in protest of Web Summit co-founder Paddy Cosgrave's statements, which described some of Israel's actions aswar crimes.[32]

In 2024, Tan posted a tweet wishing death on seven of the 11 members of the San Francisco Board of Supervisors.[29][33] In a later apology, he said he was referencing a rap track.[29][33][28]

Personal life

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As of 2023, Tan lives inNoe Valley, San Francisco, with his wife and two children.[5][16][22]

Tan is aChristian.[34]

References

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  1. ^Pardes, Arielle (September 2, 2022)."Silicon Valley's Most Powerful 'Mafia' Gets a New Boss".Wired.ISSN 1059-1028. RetrievedAugust 24, 2023.
  2. ^Ranberger, Madeline; Russell, Melia (August 29, 2022)."Y Combinator's all-star alum and VC Garry Tan returns to take over the accelerator as its chief executive".Business Insider. RetrievedAugust 9, 2023.
  3. ^"Posterous Will Shut Down On April 30th, Co-Founder Garry Tan Launches Posthaven To Save Your Sites".TechCrunch. February 15, 2013. RetrievedAugust 9, 2023.
  4. ^Gendron, Will (May 11, 2023)."Y Combinator CEO on leaving Palantir: 'I'm working like a dog for Peter Thiel... Who's the real chump?'".Business Insider. RetrievedAugust 9, 2023.
  5. ^abcdefghijklLucas, Scott (June 3, 2022)."Let Everyone Else Have Miami: Garry Tan Will Take San Francisco".The Information. RetrievedJuly 3, 2022.
  6. ^ab"Y Combinator's Garry Tan Declares War on San Francisco Politics".The San Francisco Standard. September 27, 2023. RetrievedSeptember 28, 2023.
  7. ^Cheng, Candy (April 13, 2021)."VC Garry Tan wrote Coinbase its first funding check 9 years ago. This week, he'll watch the company go public at a $100 billion valuation".Business Insider.
  8. ^abcCheng, Candy (August 15, 2021)."VC Garry Tan wrote Coinbase its first funding check 9 years ago. This week, he'll watch the company go public at a $100 billion valuation".Business Insider. RetrievedJuly 3, 2022.
  9. ^Cutler, Kim-Mai (September 18, 2013)."Posthaven Rises From Posterous' Ashes To Launch "E-Mail To Post" As It Reaches Financial Sustainability".TechCrunch. RetrievedFebruary 14, 2016.
  10. ^Loizos, Connie (November 6, 2015)."Garry Tan Says Goodbye to Y Combinator".TechCrunch. RetrievedJuly 2, 2022.
  11. ^abcdKonrad, Alex (July 9, 2018)."At Initialized Capital, Odd Couple Alexis Ohanian And Garry Tan Look To Do VC Differently".Forbes. RetrievedAugust 15, 2019.
  12. ^O'Dell, Jolie (February 1, 2011)."Y Combinator Launching Designer Directory".Mashable. RetrievedFebruary 14, 2016.
  13. ^"SEC FORM D/A".Sec.gov. RetrievedMarch 6, 2016.
  14. ^abSarah McBride (December 14, 2021)."Initialized Capital Raises $700 Million, Launches 2 New Funds".Bloomberg. RetrievedJuly 17, 2022.
  15. ^Cutler, Kim-Mai (August 1, 2013)."YC Partners Taggar, Tan And Reddit Co-Founder Ohanian Raise $39M For Initialized Capital".Techcrunch.com. RetrievedFebruary 18, 2016.
  16. ^abcRinker, Brian (September 21, 2020)."Money Talks: Garry Tan of Initialized Capital on why YIMBYism is the answer to SF's housing crises".San Francisco Business Times. RetrievedJuly 3, 2022.
  17. ^"Newcomers To The 2019 Midas List: Who Cracked The Ranks Of Best VCs In The World".Forbes. April 2, 2019. RetrievedAugust 14, 2019.
  18. ^"The Midas List".Forbes. RetrievedJuly 17, 2022.
  19. ^"The Midas List".Forbes. RetrievedJuly 17, 2022.
  20. ^"The 2018 Midas Brink List: Meet Venture Capital's Up-And-Comers".Forbes. April 3, 2018. RetrievedJuly 17, 2022.
  21. ^"Welcome home Garry Tan".Y Combinator. August 29, 2022. RetrievedAugust 31, 2022.
  22. ^abcdKoehn, Josh (September 27, 2023)."Y Combinator's Garry Tan Declares War on San Francisco Politics".The San Francisco Standard. RetrievedSeptember 28, 2023.
  23. ^Knight, Heather."San Francisco's 'Twitter Menace' or True Believer? He Might Be Both".
  24. ^"The GrowSF Team".growsf.org. RetrievedJuly 14, 2024.
  25. ^abCassidy, Megan (April 3, 2022)."These are the ultra-wealthy donors pouring money into the Chesa Boudin recall battle".San Francisco Chronicle. RetrievedJuly 3, 2022.
  26. ^Hicks, William (August 30, 2022)."Y Combinator's new president a key figure in tech — and S.F. politics".The Business Journals. RetrievedSeptember 5, 2022.
  27. ^Truong, Kevin (May 11, 2023)."Y Combinator CEO: Techies Will Win San Francisco Politics".The San Francisco Standard. RetrievedAugust 24, 2023.
  28. ^abDuran, Gil (April 26, 2024)."The Tech Baron Seeking to "Ethnically Cleanse" San Francisco".The New Republic.Archived from the original on April 27, 2024. RetrievedApril 27, 2024.
  29. ^abcMorris, J.D. (January 29, 2024)."S.F. tech exec and political donor apologizes after tweeting that local politicians should 'die slow'".San Francisco Chronicle. RetrievedJanuary 30, 2024.
  30. ^"Garry Tan (@garrytan) on X".X (formerly Twitter). Archived fromthe original on February 1, 2025. RetrievedMarch 12, 2025.
  31. ^Srinivasan, Balaji (July 4, 2022). "1".The Network State: How To Start a New Country. 1729.
  32. ^"Meta, Google quit tech summit after organizer accuses Israel of committing war crimes".Times of Israel.Agence France-Presse. October 21, 2023. RetrievedOctober 31, 2024.
  33. ^abRivano Barros, Joe (January 27, 2024)."Garry Tan, tech CEO & campaign donor, wishes death upon San Francisco politicians".Mission Local. RetrievedJanuary 30, 2024.
  34. ^Anand, Priya (November 9, 2024)."Christians in tech drive religious revival in SF".The San Francisco Standard.

External links

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Retrieved from "https://en.wikipedia.org/w/index.php?title=Garry_Tan&oldid=1280255058"
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