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seed-fund

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Wave Capital is an early-stage venture capital seed fund based in San Francisco, founded in 2017 and run as a lean two-partner firm with no additional staff. The fund specializes in marketplace startups and was conceived as the "Airbnb mafia" fund, backing pre-Series-A founders drawn from the Airbnb, Dropbox, and Facebook alumni networks.

  • Updated Aug 8, 2026

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