YC Principals Fund II, L.P.
Y Combinator · adviser of record: Y Combinator Management, LLC · 2017 vintage
YC Principals Fund II, L.P. is a 2017 venture fund managed by Y Combinator. It reported $388mm in gross assets at year-end 2025, its highest reported value.
- Latest value held
- $388mm year-end 2025
- Peak
- $388mm year-end 2025
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $388mm | – | +83% over 2 yrs |
| 2023 | $212mm | – | +0% |
| 2022 | $212mm | – | +287% |
| 2021 | $54.8mm | – | -24% |
| 2020 | $72.5mm | – | +62% |
| 2019 | $44.7mm | – | +226% |
| 2018 | $13.7mm | – | -37% |
| 2017 | $21.7mm | – | – |
Other funds from Y Combinator
- YCCG21, L.P. 2021
- YC ESP22, L.P. 2021
- Y Combinator ES20, LLC 2020
- YCC20, L.P. 2020
- YC Affiliates Fund Iia, LP 2019
- YC II, L.P. 2017
- YC III, L.P. 2017
- YC Affiliates Fund II (QP), L.P. 2017
- YC Principals Fund III, L.P. 2017
- YC Affiliates Fund II, L.P. 2017
- Y Combinator Continuity Affiliates Fund I, L.P. 2016
- Y Combinator Continuity Fund I, L.P. 2015
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-8306455308. Data updated October 13, 2026.
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