@yuris
Yuri Sagalov
5 months
OKAY. I think it's time to make it official. πŸ“£ Introducing Wayfinder II β€” a $35M seed-stage fund investing $300k-$1M checks in founders building enduring companies solving tomorrow's hard problems.
Tweet media one
80
46
646

Replies

@yuris
Yuri Sagalov
5 months
I've been actively investing for over a decade. As an angel, at YC, and for the past four years as a VC. But friends who know me know that I really don't like calling myself a VC.
1
0
23
@yuris
Yuri Sagalov
5 months
It was never an aspiration of mine to become a VC. I've always viewed myself as a founder, and as a founder I had mixed experiences with many VCs. That's *why* I started Wayfinder β€” to do VC my way.
1
0
23
@yuris
Yuri Sagalov
5 months
Does the world really need another VC fund? If you ask a VC, the answer is always no. If you ask a founder, they'll tell you there's still a shortage of people willing to be the first to bet on them. Who not only write a check but actually spend time with them. Who understand.
2
3
48
@yuris
Yuri Sagalov
5 months
For me, that understanding comes from nearly a decade as a founder where I made my fair share of mistakes.
1
0
15
@yuris
Yuri Sagalov
5 months
It also comes from feeling, first hand, the stress involved with running a startup and still loving the journey.
@yuris
Yuri Sagalov
2 years
Everyone always says startups are hard, but how hard? Nearly 5 years after exiting my startup, I am still dealing with a chronic health issue (psoriatic arthritis) triggered by the stress of the last year of running the startup. Sometimes you end up with literal startup scars.
29
17
368
1
0
18
@yuris
Yuri Sagalov
5 months
I've also had the good fortune to spend five years working with founders at YC, where I learned from them 100x as much as I've been able to give back.
1
0
13
@yuris
Yuri Sagalov
5 months
Most importantly, over the past decade I've been lucky to invest in some iconic unicorn founders and companies like Flexport, Solugen, Boom Supersonic, Supabase, and many more. I've learned from them what greatness truly looks like.
1
0
14
@yuris
Yuri Sagalov
5 months
With Wayfinder, my goal is to have all of these lessons benefit the next generation of founders.
1
0
12
@yuris
Yuri Sagalov
5 months
It goes without saying, but I'm incredibly thankful to all the founders who have allowed me to partner with them over the past decade. I could not be here without you.
1
0
10
@yuris
Yuri Sagalov
5 months
I'm also *truly* grateful to my LPs. Many of them have known me for over a decade (two have even interned at my startup!), but many more are taking a chance on me for the first time to build this firm. Your support (especially in this market environment) means the world to me.
1
0
16
@yuris
Yuri Sagalov
5 months
Anyway, if you're a founder and you're just getting started, please reach out. I'd love to hear what you're building! I'm at yuri @wayfinder .com
3
0
42
@bryce
Bryce Roberts
5 months
@yuris πŸ’₯πŸ’₯πŸ’₯
1
0
2
@yuris
Yuri Sagalov
5 months
@bryce πŸ™
0
0
2
@aashaysanghvi_
Aashay Sanghvi
5 months
@yuris Congrats Yuri!
1
0
2
@yuris
Yuri Sagalov
5 months
@aashaysanghvi_ Thanks Aashay!
0
0
1
@mikeyyyzhao
Michael Zhao
5 months
@yuris Congrats @yuris ! Any founder would be lucky to work with you. I know we feel that way
1
0
3
@yuris
Yuri Sagalov
5 months
@mikeyyyzhao Thank you Michael! πŸ₯° Very fortunate to be able to work with you guys
0
0
1
@ilyasu
Ilya Sukhar
5 months
@yuris Congrats!!
1
0
1
@yuris
Yuri Sagalov
5 months
@ilyasu πŸ₯³
0
0
0
@villageglobal
Village Global
5 months
@yuris Congratulations Yuri. We’re excited to have you in the Village!
1
0
1
@yuris
Yuri Sagalov
5 months
@villageglobal πŸ™ Thank you for the support πŸ₯³
0
0
2