Hemant Taneja@htaneja
Today, I am really excited to announce that Yuri Sagalov (@yuris) is joining @generalcatalyst as a Managing Director to lead our seed efforts in the US.
I have often said that our core at GC is early stage investing. Partnering with the most ambitious founders at seed enables us to fulfill our own ambition to transform industries.
Yuri founded Wayfinder Ventures and has backed incredible companies like Supabase, Verse Medical, Stoke Space, Decagon, Finni Health and many more. Previously, he spent 5 years at @ycombinator as a Visiting Group Partner and served seed stage founders with real passion.
At GC, we have been striving to back founders at Seed with the same rigor, focus and passion as smaller firms who dedicate to seed as their only focus. We are keen to continue to partner with them as we improve.
I feel really fortunate that Yuri (Wayfinder), Jeannette (La Famiglia) and Neeraj (Venture Highway) as founders of seed firms have all decided to bring their entrepreneurial energy to shape our seed value proposition at GC to be what the world's best founders deserve from a company like ours.
Our seed proposition is to help founders figure out their business in the midst of uncertainty and ambiguity, and lay the foundation to endure for the long term. Seed is NOT an option call for future series A, nor is it the phase to impose undue governance - it's a time to lock arms with founders to inspire talent to join, tackle the highest risks and build conviction to make it their life's work.
One important call out about our seed proposition going forward is that we aim to consistently do pro rata in the next financing after leading or co-leading a seed so that we eliminate any "signalling risk".
Yuri - Welcome to GC and thanks for helping us continue to get better at our core.
