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Garry Tan and Alexis Ohanian on how to survive these crazy days (and what to learn from them)


Garry Tan and Alexis Ohanian founded Initialized Capital roughly nine years ago and they’ve closed four funds since, including most recently in late 2018.

That $225 million vehicle is roughly twice the size of their previous fund, but because of the coronavirus, the firm, and its portfolio companies — some of which include Opendoor, Instacart and Coinbase — could be facing a tougher road in 2020. Certainly, that’s true of nearly ever other venture firm and startup right now.

To get a sense of where the team is currently, what it’s telling its founders, whether it thinks the abrupt ...


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