Rich Aberman
@RichAberman
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Angel investor and Partner at @OpenCoreVenture. Previously founded WePay (acq. JPMorgan Chase) and Visiting Partner @ @ycombinator
Joined October 2008
I have a great idea for a novel, but i need an author to write it for me. I'm willing to give equity.
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Today is the YC application deadline. @WePay was in the S09 batch; YC brought me and @billclerico to the west coast and launched us in the right direction. @ycombinator.
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This was one of the scrappiest and sharpest teams of YC W24. I actually interviewed and rejected them for S23 when I was still at YC, but found myself begging them to take my money 6 months later. Incredible growth and progress. Thanks @dakshgup for letting me be a part of it.
Today, we are excited to announce @greptileai's $4.1M seed round led by Initialized Capital, with participation from @ycombinator, @RichAberman and @JdotJdotF. We are building the AI expert that *truly* understands large codebases. (1/5).
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If you say “I’m in once you get a lead” at pre-seed, then don’t get upset when the cap goes up once the round is oversubscribed.
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First day as a visiting group partner at @ycombinator today. Quality and quantity of companies continues to increase. Wisdom of @paulg @jesslivingston and other OG partners still foundation for everything.
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My WePay co-founder and best friend @billclerico just announced his new venture, and I couldn't be more excited!.
Today we're announcing @convectivecap 's debut $35M fund to invest in wildfire startups! 🔥. A thread👇.
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Always assumed I was qualified to give advice, having been through it myself. But humbling to be inside @ycombinator, where advice is debated by partners, documented and informed by literally thousands of data points.
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Easily one of the most exciting companies from YC W24. Appreciate @lizwessel getting them on my radar. I think your quote was: "these guys build scary fast".
And I should mention. Im psyched to be a co-investor alongside many epic operator angels and investors -- like @max, @JdotJdotF, @RichAberman, @immad, @arashf, @aofstad, @MattMulvey17 and many others!.
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Like all jobs, there are good days and there are bad days. But there's nothing else in the world I'd rather be doing than this.
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One of my favorite @ycombinator videos from @mwseibel and @daltonc about tarpit ideas and how to avoid them:
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The best part about running a startup is narrowing the universe and becoming an expert in the space that remains. Now untethered, I’m overwhelmed by my own ignorance in so many things. I’m reading a lot more these days.
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This team pivoted early in the batch, and the velocity of their product development has been insane ever since. If your business bids on federal contracts, you should check these guys out.
@SweetspotHQ now supports semantic filters and contract data exports!. Now, you can find every relevant federal contract in your area instead of having to manually vet hundreds of generic search results. Check out the video below for a demo and sign up for a free account at
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A startup’s first 10 hires determine its trajectory. The real reason founder resume matters: it’s the talent pool they’ll recruit from.
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A high say:do ratio is the most reliable indicator of a good founder — almost by definition. And it’s easy to assess, even in a short time.
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I'm excited to lead another YC Demo Day fund for the S24 batch. Webinar this Friday if you want to learn more.
The AngelList Demo Day Funds for the YC Summer 2024 batch are live!. This batch features 5 funds, led by @bhbryant, @ramiessaid, @JdotJdotF @YahyaMokh, and @RichAberman. Curious how you can gain exposure to the next batch of YC startups with a single check? 👇🏽.
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Every time I use webMD, I'm convinced I have cancer or Lupas. Two AI researchers from Google Brain and Amazon are fixing medical search.
.@medi_search (YC S23) gives you direct answers to medical questions based on trustworthy sources, using LLMs. Ask MediSearch a question ( or use it through an API in your app. Congrats on the launch, @michal_pandy and @e_oravkin!
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I’m excited to see @ExponentCap announce their $75M fund 2 today. Former fintech operators, and great value-add investors. Thrilled to be along for the ride.
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There's about to be a bunch of great tech talent on the market. Such a great time to start a company.
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Watching @psvinodh and @mlshyam grow into leaders at WePay and now formidable founders at @CorisInc has been one of the most rewarding experiences of my career. Congrats to @CorisInc on the fundraise, and thank you for letting me join for the ride.
We're thrilled to announce Coris has raised $3.7M in a round co-led by @Lux_Capital & @ExponentCap, with support from @ycombinator, Blank Ventures, @billclerico, and @immad. Big strides ahead! #Coris #fundraising .
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Related: if your very first question is “who else is in”, you’ve already signaled the type of investor you are.
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Entrepreneurship = transforming scarce resources into abundant value; creating something from nothing. It's magic, and its not for everybody.
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I don’t naturally keep in touch with people - even those I really care about and enjoy. So I’ve been making an effort to catch up with longtime friends, and it has been so rewarding to hear about their career journeys, expanding families, and new passions.
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I have never seen a team execute as quickly as @MaxBrodeurUrbas and @rbehal1729 from @gumloop_ai. The speed at which their product is improving is mind-boggling. Check out their twitter stream to see the wide-range of workflows that you can automate with AI.
Excited to announce our $3.1M seed led by @firstround.with participation from YC and some amazing angels. We'll continue building the same great product but even faster than before🚀. If you're an engineer wanting to join a fast paced startup, reach out!.
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I’ve Invested in more fintech funds than startups. Huge opportunity, but I still have too much scar tissue for direct exposure.
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Tomorrow is the deadline to apply for YC S23. DM if you have any questions about whether you should apply.
The deadline to apply for YC S23 is tomorrow, Friday, April 7 at 8pm PT! . Apply at
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I remember that first coffee with @shaig. And @jasonmok and Albert Martinez visiting our office whenever we had an issue. We wouldn't be here without them.
When @RichAberman and I moved to Silicon Valley to start @WePay, we walked into Bank of America with $18K to open an account for "payment processing" - they looked at us like we were truly crazy. SVB took us to lunch, opened the accounts & even lent us money. They'll be missed.
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AI in medicine will happen. @dereckwpaul is the guy to make it happen.
Glass Health is featured in @NPR this morning 🩺. As a medicine community, we have battled documentation burden and burnout for years. Generative AI is a new technology with the potential to help us win that fight. @GlassHealthHQ @element119 #medtwitter.
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My 6-year old woke me up at 3am because he couldn’t sleep. Pretty sure he’s just excited about the return of @KlayThompson.
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Congrats @yuris. You're one of the best seed-stage investors I've seen, and I'm stoked to be along for the ride.
OKAY. I think it's time to make it official. 📣 Introducing Wayfinder II — a $35M seed-stage fund investing $300k-$1M checks in founders building enduring companies solving tomorrow's hard problems.
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Cool use of GPT. We had this challenge with WePay. Great to see a YC company - and former WePayers - solve it.
We are excited to launch Merchant Real Industry to automatically classify SMBs into the right industry codes, powered by GPT-4 🚀. Read more on :
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It has been a pleasure working with this team. You should reach out to them if you're thinking about adding a copilot to your SaaS app.
Welcome to YC, @BudhkarAkshay, @AshwinVRaman, and @Spine_AI!. Spine AI (YC S23) helps companies build and integrate AI copilots into their products with just a few lines of code.
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Who still carries a wallet separate from a cell phone case?.
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Finding a "great founding engineer" is a catch-22 for most startups. The risk-reward ratio doesn't work for great candidates. They can start their own company or work for a post-PMF startup for more cash and meaningful equity. What's your hack for beating this mini game?.
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My 6 year old's first day of Karate today. Sensei asked him why he wanted to join. "To be on Hello Ninja".
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@jaltma Omar, the guy that managed our front desk (reception), would give feedback on every candidate. Affected more than a few hiring decision.
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@TheIshanGoswami @dakshgup They pivoted, built an impressive product given the timeframe, landed good customers in production and paying. But as PG used to say, they just became 007 versions of themselves - more formidable and polished. Short time frame, but enough to see trajectory, and that’s the bet.
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ChatGPT fail whaled today and it was the first time I really internalized how core to my daily workflow it has become.
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One thing is clear: it’s the crazy ones, misfits, rebels and troublemakers paving the way for web3 right now. I hope they make it far enough for the grinders and operators to get on the train - looks fun.
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Charge credit cards and send invoices on your iphone. Download the @WePay app now: http://t.co/RZY9jPnBpz.
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Just booked another flight w/ @thehipmunk. Absolutely incredible. Still surprised by extent to which #greatdesign can improve our lives.
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It’s a sad day, but on the plus side, we’re about to see an uptick in interstate travel.
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Man, I love @TaskRabbit. I can focus on the things that absolutely require my attention and just taskrabbit the rest. Made my day.
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After going down the rabbit hole of NFTs/DAOs/Web3: on the one hand, it all feels so obvious and inevitable, on the other, I struggle to wrap my mind around it or see how we ever get to the there there.
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Grateful to be part of the journey. This team obsesses over every detail of their product - no doubt they’ll build something great.
Voicepanel has raised $2.4M in seed funding 🚀. Proud to have the support of @ycombinator @RebelFund_VC @Liquid2V @twentytwovc @Max @arashf @collinmathilde @joshuareeves @aofstad @kul @RichAberman @dsiroker @thisisgrantlee and many others. Read more:
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Should I start to expect gun lobbyists to use every non gun-related tragedy as an opportunity to further their agenda?.
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OH: “Nothing quite like updating my ARR slide while on an investor call” 💪.
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Love it. RT @KylePaice: “We are cash only.” == “We are fine with inconveniencing you so that we can cheat on our taxes.”.
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Most of my zoom calls this week: .Me: How's it going?.Them: In quarantine.Me: Me too.Them: how're you feeling?.Me: Pretty good, actually.Them: Me too.
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Funny blog post about the evolution of WePay, which led to the launch of our mobile app: http://t.co/OVOU4uR3HR.
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@billclerico @jasonlk The more I advise and invest in startups, the more I realize how much of my company’s story was really the story of an epic co-founder relationship. It was the foundation for everything. Grateful for you @billclerico.
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Congrats @OhadNavon and @nadavzamir1, building support automation. The team that can get you to 70% automation.
.@getoctoai (YC S23) is an AI agent that actually replaces support outsourcing. Teams from top 500 Amazon brands to fintech unicorns are already using Octo to solve 70% of their support tickets. Congrats on the launch, @ohadnavon + @nadavzamir1!
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In the next 24 months, every Product, Strategy, BizOps team will be using a copilot to perform their jobs, and the productivity gains will be huge. Inari is leading the charge, and their product is magic.
.@useinari (YC S23) is an internal ChatGPT that can semantically search for context across work apps and help teams simplify internal workflows like status updates, PRDs, and running analyses. Congrats on the launch, @knarfeel_ and @eric_useinari!
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Chatter is building dead simple LLM iteration and testing. If you're building an LLM-based application, you should check them out:
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@criccomini All that brainpower going into contemplating $240/year. We’re more similar than I thought :(.
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This is one of only a few bio companies I invested in personally. It’s a cancer therapeutics company founded by two PhDs from the University of Oxford, including a Clarendon Scholar, and supported by world renowned scientific advisors. Congrats @GranzaBio.
Excited to announce our $7.14M seed round at @GranzaBio led by @felicis and @refactor ! We’re revolutionising the way we deliver therapeutic cargo to specific tissues - lots more to come! . Read more at: .@ak_jainarayanan | @MichaelLDustin | @GranzaBio
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5 things I “knew” (or should have known) before starting a company, but didn’t fully understand until now: http://cot.ag/9GsSOV.
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@jaltma In theory, it should be the same in large companies, but they have a third category - managing bureaucracy - which often eclipses the other two.
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In quarantine with COVID (mild symptoms), so our “host daughter” left us a care package. Eggs and lemons from the property, coffee not so much.
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Raise your professional profile in 2019, apply to @ElecTranAssoc Forty Under 40 before 1/15 ->
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If negotiating a term sheet is easier than negotiating office space, you may be in a bubble.
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"Type 3 fun is not fun at all. Not even in retrospect. Afterward, you think, 'What in the hell was I doing? If I ever come up with another idea that stupid, somebody slap some sense into me.'" About rock climbing, but applies to startups as well.
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During the W22 batch, these founders were laser focused on building their product and talking to customers. It's exciting to see their hard work pay off: analytics operating system Redbird makes data more accessible to non-technical users
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The Tile revolution has begun! Be a part of it by becoming a backer at http://t.co/aCmAKz4nyu.
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I love this RT @rands: Design is about obsessively caring to the point you will annoy most everyone around you.
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It's not "free time" - you're paying for it with missed opportunity.
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“AGI is the last great invention humans need to make”. Obvious or overblown?.
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Virtual Physical Therapy built by Shasta Health 🌄 - Hybrid care for muscle and joint pain. Check them out:
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Watch Out PayPal: Competitor WePay Drops Prices, Rolls Out White Label Payments API http://t.co/nGjgyg79 via @techcrunch.
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I need somebody to DM me when the halftime show starts, so I know when to turn on my TV.
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Our support emails got stuck in an infinite loop with another support system's emails. They both kept thanking the other for the email.
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There will come a day when we put "trickle down economics" in the same category as the "three-fifths compromise". Both equally absurd.
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I’m so proud to be an early supporter of Superorganism. Our planet’s biodiversity crisis is just as vital to address as climate change, and the opportunity to change course is just as vast.
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.@bordow - only your negative tweets about getaround are public. The positives ones are @ replies. Make sure people know you're happy now.
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Great product for online sellers from @AminAkhtarr and @Stephen_Cam! Congrats on the launch of @getrevamp_ai (YC S23).
Congrats on the launch, @AminAkhtarr and @Stephen_Cam!. @getrevamp_ai (YC S23) helps eCommerce brands and agencies understand customer behavior by creating smarter segments for targeted email and paid acquisition campaigns.
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