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Yes VC is a venture capital firm founded in 2018 by Caterina Fake and Jyri Engeström. Fake was a co-founder of Flickr and Hunch, while Engeström co-founded Jaiku. The firm is headquartered in San Francisco, California, United States. Yes VC specializes in funding companies during the pre-seed and seed stages. It typically provides funding for companies in the range of $250,000 to $1 million. Past companies that the firm has funded include those in the software, retail products, blockchain, and insurance industries.
Yes VC has also funded companies based in Europe and United States. Since 2019, Yes VC has managed to raise one fund, which succeeded in amassing $10.8 million. As of May 2020, Yes VC has made 16 investments and is maintaining its share of ownership in 10 companies. Its most recent investment was in February 2020, for Laka, a P2P insurance platform for bicycle owners. The firm also operates a podcast since 2019 called Should This Exist, hosted by Fake in collaboration with Quartz and Wait What, which discusses about technology's impact on humanity.