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For the YC fund it will be interesting to know how much of the new influx of funds will be diverted to the YC Research Lab initiative, which I suspect might have a lot of upfront costs (and possibly require continuous future injection as well). And if it really eats into this fund (assuming this fund is not ring fenced for later stage investments only), then the concerns outlined in this article are not really substantiated IMHO.



Likely ringfenced due to fiduciary duties to the LPs for this fund.




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