Anthony Harvey/Getty Images for TechCrunch

Entrepreneur and investor Justin Kan said on Monday he's venturing out on his own after three years at Y Combinator, a prestigious startup accelerator program in Silicon Valley.

Through his new incubator, called Zero-F, he'll provide extremely hands-on guidance to nascent startups, with everything from assembling the initial team, to building the early prototypes, according to TechCrunch. The new venture already has three startups in its portfolio: Whale, a Q&A app; ScriptDash, an online pharmacy and delivery startup; and an undisclosed company in the legal industry.

"Y Combinator is excited to work with Justin as he launches Zero-F. He has been an amazing YC entrepreneur and mentor and we are confident that he will continue to help founders create billion startups for years to come," Y Combinator CEO Michael Siebel said in a statement.

The plan: Zero-F will add two or three new startups every year, according to TechCrunch. and will finance the entire thing himself without outside investors, and will put in between several hundred thousand and one million dollars to kick new projects off.

Track record: Kan has been quite successful as both entrepreneur and investor. His startup, an early take on live video broadcasting, eventually morphed into Twitch, the video game broadcasting company Amazon acquired for nearly $1 billion in 2014. He's also invested in companies like Cruise, which GM bought for nearly $1 billion.

The story has been updated with a statement from Y Combinator.

Go deeper

4 mins ago - Sports

Steelers-Titans NFL game delayed after coronavirus outbreak

A worker cleans a handrail at a Tennessee Titans game. Photo by Hannah Foslien/Getty Images)

The NFL announced that Sunday's game between the Tennessee Titans and the Pittsburgh Steelers has been delayed after several Titans players and staffers tested positive for the coronavirus.

Why it matters: It's the league's first game delay caused by a COVID-19 outbreak during the season, which is not taking place in a "bubble," like the NBA and MLS.

Tim Scott says Trump "misspoke" when he told Proud Boys to "stand by"

Photo: Bonnie Cash/POOL/AFP via Getty Images

Sen. Tim Scott (R-S.C.) told reporters on Wednesday that he believes President Trump "misspoke" when he told the far-right "Proud Boys" group to "stand back and stand by" in response to a question about condemning white supremacy at the first presidential debate.

Catch up quick: Moderator Chris Wallace asked Trump on Tuesday, "Are you willing, tonight, to condemn white supremacists and militia groups and to say that they need to stand down?" Trump asked who specifically he should condemn, and then responded, "Proud Boys, stand back and stand by. But I'll tell you what, somebody's got to do something about antifa and the left."

Ina Fried, author of Login
2 hours ago - Technology

Lego, Sesame Workshop back early-learning startup

Photo by Noam Galai/Getty Images

A number of leading children's brands, including Lego and Sesame Workshop, are among the investors pouring $50 million into BEGiN, the New York startup behind the early-learning program HOMER.

Why it matters: Thus far, HOMER has focused on reading apps, but with the new funding and partnerships, the company says it will expand to a full early-learning program combining digital, physical and in-person experiences, tapping some of its investors for both content and distribution.