Hyper is a $60M early-stage fund co-founded by Josh Buckley, Product Hunt’s current CEO along with writer, founder and designer Dustin Curtis. To put it simply, launching on Product Hunt is an awesome way to build awareness and gain traction by putting your product in front of a highly relevant audience of tech enthusiasts and influencers who can help you share your product, improve your offering and grow your user base. Two ex-Sequoia operators are part of the team at launch as well. Malika Cantor as Partner and GM and Ashton Brown as Head of Program. The fund launches today and is self-described as ‘inspired by the Product Hunt community’. The announcement today is the Hyper the fund, and the fact that they’re opening applications to a small cohort of 25 companies. The applications are planned to open for roughly 4 weeks every quarter and the deadline for this tranche is August 10th, 2021 at midnight PT. The second cohort will open in November 2021. The fund is launching as a straight up venture effort, with a bit of gas added by the Product Hunt association. The team will be writing $300k checks for 5% of very early companies in any arena that seems promising to the partnership in a fixed deal structure that mirrors Y-Combinator. The fund is taking applicants worldwide though notes that some countries present legal complexities for investment. Recommended Customer Price 7174.00 CPU Specifications Total Cores 24 Total Threads 48 Max Turbo Frequency 3.40 GHz Intel® Turbo Boost Technology 2.0 Frequency 3.40 GHz Processor Base Frequency 2.20 GHz Cache 60 MB Bus Speed 9. The fund will exist as a ‘sister company’ to Product Hunt. Product Hunt, however, is the first of what the team says will be many companies it will own, create and operate in order to provide ‘direct value’ to its portfolio companies.
I had a chat with Buckley, Curtis and Cantor about the new fund and company and the way that they hoped to differentiate Hyper in a world of aggressively service-oriented venture firms. The Hyper concept sounds fresh in combination, if not in components.Ī short list of some of the people involved as advisors, mentors or investors themselves includes Alexis Ohanian, Founder of Seven Seven Six, Serena Williams, Alfred Lin of Sequoia, Garry Tan of Initialized, Harry Stebbings, Jeffrey Katzenberg, Naval Ravikant, Owen van Natta, Ryan Hoover, Ryan Tedder of OneRepublic and Sriram Krishnan of a16z. Hyper is a 60M early-stage fund co-founded by Josh Buckley, Product Hunt’s current CEO along with writer, founder and designer Dustin Curtis. It’s a pretty eclectic group, but if you squint you can see the shape of the ambitions that Hyper has reflected in the parties involved.
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