CZ-Backed YZi Labs Considers Letting In the Crowds with $10B Fund: But Only After a Little AI & Biotech Tweaking
YZi Labs, helmed by the ever-astute Ella Zhang, is apparently “considering” the idea of shifting gears and transforming into an external-facing fund. It’s not quite ready to throw open the gates to eager investors just yet. Ella, the head honcho, told Asgari with all the seriousness of someone contemplating a second slice of cake, “There’s always a lot of external investors interested, and we will eventually consider turning it into an external-facing fund. We just think it’s not there yet.” In other words, hold your horses, folks-there’s more AI and biotech tinkering to be done before YZi Labs lets anyone else have a taste of the action. Patience, grasshopper. 🦗