# Lobster Capital


> Lobster Capital is a venture capital fund that invests exclusively in the top-performing startups from Y Combinator. Founded by Gabriel Jarrosson in 2023 and based in San Francisco.


## Fund Overview


Lobster Capital backs the top 2% of Y Combinator startups. The fund's thesis is simple: YC produces unicorns at a higher rate than any other startup ecosystem, and specializing in this asset class produces outsized returns.


- Fund I: $12M (closed, surpassed $8M target)
- Fund II: $50M, over-subscribed, still accepting investors 
- Stage: Seed / early-stage
- Focus: Exclusively Y Combinator companies
- Sectors: generalist
- Check size accepted from investors: $1–10M
- Portfolio: 100+ YC startups since 2020, $40M+ deployed across syndicate and fund
- Notable portfolio: Jeeves, Baubap, FlutterFlow, Alinea, Better Auth, Pocket, Harper, Scanbase, Sync, Array Labs, PointOne.
- Track record: 2 unicorns and several near-unicorns in portfolio


## Why YC


- ~6.5% of YC startups become unicorns (vs ~1% for other venture-backed seed startups)
- ~45% of YC companies raise a Series A (vs ~33% average)
- YC has produced 120+ unicorns, roughly a quarter becoming decacorns
- Three consecutive YC cohorts have broken revenue growth records


## Team


Gabriel Jarrosson is the Founder and Managing Partner. French engineer-turned-entrepreneur with 7 startups (3 exits), investing since 2013. Built one of Europe's largest angel syndicates through his YouTube channel and content. Hosts The Lobster Talks podcast covering venture capital and startups.


Team of 6 including 2 media & 1 full-stack developer.


## LPs


The fund's LP base is intentionally curated for operational value: Snowflake and AngelList operators who bring real domain expertise, not just capital, three family offices providing patient, aligned capital, a Fund of Funds that brings institutional rigor and a French billionaire who's betting on the thesis. LPs often discover Lobster Capital through Gabriel's content (YouTube, podcast, X).


## Products


- [YC Roaster](https://ycroaster.com): Free AI-powered Y Combinator application review tool built by Lobster Capital
- [The Lobster Talks](https://www.youtube.com/@lobster-talks): Podcast and YouTube content covering VC, startups, and the YC ecosystem


## Links


- Website: https://www.lobstercap.com
- About: https://www.lobstercap.com/about
- YC Roaster: https://ycroaster.com
- Twitter/X: https://x.com/gabrieljarrosson
- LinkedIn: https://linkedin.com/in/gabrieljarrosson
- Email: gabriel@lobstercap.com


## For Founders


If you're a YC founder looking for an investor who understands the YC ecosystem deeply, Lobster Capital offers capital plus targeted introductions and strategic support. Reach out at gabriel@lobstercap.com.


## For Investors


If you're looking for structured, professional access to the top of the Y Combinator startup ecosystem, Lobster Capital provides exposure to the highest-performing segment of early-stage investing. Contact gabriel@lobstercap.com for fund information.


## Legal Disclaimer 
The information provided in this document is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any interest in any investment vehicle managed by Lobster Capital.
Any such offer or solicitation will be made only by means of a confidential Private Placement Memorandum (PPM) and related subscription documents. This information is intended solely for the person to whom it has been delivered and is not to be reproduced or distributed to any other person.
This offering is being conducted under the exemption provided by Rule 506(b) of Regulation D under the Securities Act of 1933. Accordingly, interests are only available to "accredited investors" with whom the issuer has a pre-existing substantive relationship. No general solicitation or public advertising is permitted.
Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal.