![]() ![]() 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. Two ex-Sequoia operators are part of the team at launch as well. According to Product Hunt, the site 'surfaces the best new products every day', and well, that's true. The site is where makers come to launch their products, and where consumers come to find the latest and greatest in tech. Malika Cantor as Partner and GM and Ashton Brown as Head of Program. Product Hunt is an online community platform founded by Ryan Hoover in 2013. The fund launches today and is self-described as ‘inspired by the Product Hunt community’. In November 2016, AngelList acquired Product Hunt for 20 million. ![]() The announcement today is the Hyper the fund, and the fact that they’re opening applications to a small cohort of 25 companies. Product Hunt launched on Novemwhen it began as an email list built using Linkydink. 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. Malika Cantor as Partner and GM and Ashton Brown as Head of Program. 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. 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. ![]() 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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