![]() ![]() Since stepping down as CEO, Josh has spent more of his time investing. ![]() He grew the team to 70 people reaching 20M in annualized revenues before transitioning from CEO to Chairman. 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. In 2011 he founded Mino Games, creators of Mino Monsters and Cat Game (no relation to Product Hunt ). Product Hunt, meet Hyper: When Ryan Hoover introduced me, Josh Buckley, as Product Hunt’s new CEO a few months ago, he teased a big vision for the future.I’m incredibly excited to finally be able to share some of that vision with you today. Two ex-Sequoia operators are part of the team at launch as well. Malika Cantor as Partner and GM and Ashton Brown as Head of Program. The fund launches today and is self-described as ‘inspired by the Product Hunt community’. We cross-checked their advice and got to the bottom of hitting Product Hunts front page. The announcement today is the Hyper the fund, and the fact that they’re opening applications to a small cohort of 25 companies. 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. 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. Buckley Ventures, the firm run by solo capitalist Josh Buckley, has set a target of 500 million for its third flagship fund. ![]() 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. ![]()
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