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Ali Rowghani , a former Y Combinator managing director and former Twitter executive director , is launching a venture firm call Maxq .

Maxq is targeting $ 250 million for its debut investment firm , Maxq Fund I , accord to anSEC filing . The business firm will focus on seed - level investments , Axios reportedon Wednesday . Rowghani ’s former YC colleagues Mia Mabanta , Simon Lu , and JJ Fliegelman will all be involved , agree to Axios .

Rowghani was formerly the head of YC ’s Continuity Fund , a vehicle that fulfilled YC ’s pro rata rights and empower in select recent - stage rounds for YC company . The fund was launched in 2015 . YC end the stock down in 2023 andlaid off its faculty .

Prior to YC , Rowghani had stints as Twitter ’s CFO and COO . Prior to that , he was the CFO at Pixar .

TechCrunch reached out to Maxq for more entropy .

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