The California-based firm, formerly known as Youniversity Ventures, specializes in investing in internet consumer startups and works primarily with students and first-time entrepreneurs. Y Ventures was founded in 2007 by Jawed Karim, Kevin Hartz, and Keith Rabois, all of whom have impressive backgrounds in the tech industry. While the firm is no longer actively investing, its founders have a track record of success with companies like YouTube, Eventbrite, and Xoom Corporation.