Founder Festival: Richard Aberman's Profile

Welcome, Richard Aberman

This profile has not been claimed and data may not be accurate.

Founder119

54th percentile

Investor107

95th percentile

Combined226

#86 on Leaderboard

YC S09First-Time FounderAcquiredRaised $75M+250+ EmployeesAngel Investor

Founder Matrix

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Credibility

this founder typical founder (50th pct)

Traction · 57th percentile

WePay raised $75M in venture capital per the Y Combinator announcement and Richard Aberman's own LinkedIn.
WePay was acquired by JPMorgan Chase in December 2017, representing a successful exit.
Open Core Ventures is ranked 22,099 in the Majestic Million (fly.io domain associated with OCV portfolio), earning a Majestic Million founder bonus.

Founder score

99%WePay was a Y Combinator Summer 2009 company, making Richard Aberman a YC alum.
99%WePay was acquired by JPMorgan Chase in December 2017, representing a successful exit.
97%Past founder of WePay, which he co-founded in 2008.
92%WePay raised $75M in venture capital per the Y Combinator announcement and Richard Aberman's own LinkedIn.
90%WePay had co-founders, including Richard Aberman and at least one other co-founder.
85%WePay achieved profitability as a private company before its acquisition.
35%Open Core Ventures is ranked 22,099 in the Majestic Million (fly.io domain associated with OCV portfolio), earning a Majestic Million founder bonus.

Investor score

95%Publicly identified as an angel investor with 50+ direct investments in early-stage companies.
92%Currently a Group Partner at Open Core Ventures, an active venture capital firm backing open-source companies.
90%Has made 50+ active investments in early-stage companies, primarily from YC Demo Day funds.
88%Active GP and fund manager at Open Core Ventures, a venture studio that partners with open-source developers.
72%Portfolio company Trieve was acquired, representing a portfolio acquisition exit.
65%Has approximately 7 years of investing experience, starting from his angel investing activity around 2017 post-WePay acquisition.

What you likely need

Rich Aberman is a seasoned fintech founder-turned-investor with a successful exit (WePay to JPMorgan Chase), deep YC roots, and an active portfolio of 50+ angel investments. He's now operating as a Group Partner at Open Core Ventures while continuing to angel invest, putting him squarely at the intersection of operator and institutional investor. His next leverage point is likely deepening his open-source investment thesis and building his public profile as a thought leader in the OSS-to-commercial space.

Are these your current priorities?

We will tune and customize your Founder Festival experience to make sure you get invited to the events that would be most valuable to you.

positioningPublish a detailed public thesis on open-core commercialization to establish thought leadership and attract inbound deal flow from OSS founders.
introsLeverage your Visiting Group Partner alumni status at YC to maintain warm relationships with current batch founders and source early-stage deals before Demo Day.
fundraisingConsider formalizing a dedicated fund vehicle at Open Core Ventures to attract LP capital and scale beyond the current studio model.
tacticalSystematize your operator-to-advisor playbook for portfolio companies — your WePay product and payments expertise is a rare asset for OSS founders navigating monetization.
fundraisingLaunch a public angel syndicate on AngelList or similar to co-invest alongside your 50+ deal track record and attract co-investors into your best opportunities.
positioningWrite or speak publicly about the WePay-to-JPMorgan acquisition journey — the lessons on navigating a large bank acquirer are highly differentiated and would attract founder audiences.
introsIdentify your top 5 portfolio companies (e.g., Gumloop, Reducto) and proactively make warm introductions to Series A funds before they start their raise.