AI
Enterprise
Company Building
AI in the Real World
Perspectives
Joanne Chen
,
Leo Lu
The great reorg: A human’s guide
Will humans be managed by agents or be the managers of agents?
For thirty years, we've backed extraordinary founders from day zero.
For thirty years, we've backed extraordinary founders from day zero.
We put our founders first
“There's a version of the future that only exists if you build it. It probably won't work. But you can't not try.”
Anatoly Yakovenko, Co-founder, Solana
Anatoly Yakovenko, Co-founder, Solana
“I was 27 with an idea. Steve backed us. Sixteen years and a million customers later, he's still there. He’s stuck with the company longer than anybody else. He read the 200-page decks and always showed up with conviction. That kind of long-term commitment is rare.”
Lynn Jurich, Founder and CEO, Sunrun
Lynn Jurich, Founder and CEO, Sunrun
“Nobody thought wafer scale would work. In 70 years, nobody had done it. But we believed. Our team believed. Steve believed. You've got this small light of truth that nobody else can see, and you carry it forward together.”
Andrew Feldman, Founder and CEO, Cerebras
Andrew Feldman, Founder and CEO, Cerebras
“Foundation took a chance on us when we had very little to show. Really, just three people who cared deeply about solving a problem. When someone believes in you like that, it's hard not to believe in yourself”
Trey Holterman, Co-founder and CEO, Tennr
Trey Holterman, Co-founder and CEO, Tennr
“Every company I've built started the same way: seeing where technology was going and building for that world before it arrived. There's no proof at that stage, no consensus. You just have to move. By the time everyone agrees, you're already late.”
Ashutosh Garg, Co-founder and CEO, Viven and Eightfold
Ashutosh Garg, Co-founder and CEO, Viven and Eightfold
“Starting a company is like falling in love. You can't fully explain it; you just know it's what you're meant to do. And if you want to build something extraordinary, you have to give everything. There's no halfway.”
Jonathan Siddharth, Founder and CEO, Turing
Jonathan Siddharth, Founder and CEO, Turing
We put our founders first
“There's a version of the future that only exists if you build it. It probably won't work. But you can't not try.”
Anatoly Yakovenko, Co-founder, Solana
Anatoly Yakovenko, Co-founder, Solana
“I was 27 with an idea. Steve backed us. Sixteen years and a million customers later, he's still there. He’s stuck with the company longer than anybody else. He read the 200-page decks and always showed up with conviction. That kind of long-term commitment is rare.”
Lynn Jurich, Founder and CEO, Sunrun
Lynn Jurich, Founder and CEO, Sunrun
“Nobody thought wafer scale would work. In 70 years, nobody had done it. But we believed. Our team believed. Steve believed. You've got this small light of truth that nobody else can see, and you carry it forward together.”
Andrew Feldman, Founder and CEO, Cerebras
Andrew Feldman, Founder and CEO, Cerebras
“Foundation took a chance on us when we had very little to show. Really, just three people who cared deeply about solving a problem. When someone believes in you like that, it's hard not to believe in yourself”
Trey Holterman, Co-founder and CEO, Tennr
Trey Holterman, Co-founder and CEO, Tennr
“Every company I've built started the same way: seeing where technology was going and building for that world before it arrived. There's no proof at that stage, no consensus. You just have to move. By the time everyone agrees, you're already late.”
Ashutosh Garg, Co-founder and CEO, Viven and Eightfold
Ashutosh Garg, Co-founder and CEO, Viven and Eightfold
“Starting a company is like falling in love. You can't fully explain it; you just know it's what you're meant to do. And if you want to build something extraordinary, you have to give everything. There's no halfway.”
Jonathan Siddharth, Founder and CEO, Turing
Jonathan Siddharth, Founder and CEO, Turing
No such thing as “too early”
In venture, “early” usually means just a stage. For us, it’s a way of working. We commit when it's an idea and a founder determined to make it real.
4 of 5
times we’re a company’s first investor
37
IPOs and many more meaningful acquisitions
77%
of investments are pre-revenue
No such thing as “too early”
In venture, “early” usually means just a stage. For us, it’s a way of working. We commit when it's an idea and a founder determined to make it real.
4 of 5
times we’re a company’s first investor
37
IPOs and many more meaningful acquisitions
77%
of investments are pre-revenue
No such thing as “too early”
In venture, “early” usually means just a stage. For us, it’s a way of working. We commit when it's an idea and a founder determined to make it real.
4 of 5
times we’re a company’s first investor
37
IPOs and many more meaningful acquisitions
77%
of investments are pre-revenue
One firm, two foundational technologies
We've spent years building conviction around AI and blockchain.
Our three practice areas — enterprise, fintech and crypto — are where we put that conviction to work.
IPO
ICO
IPO
One firm, two foundational technologies
We've spent years building conviction around AI and blockchain.
Our three practice areas — enterprise, fintech and crypto — are where we put that conviction to work.
IPO
ICO
IPO
Read, watch, listen—insights from our investors
AI
Enterprise
Perspectives
Jaya Gupta
,
Ashu Garg
AI’s trillion-dollar opportunity: Context graphs
By building context graphs from decision traces, AI agent startups are capturing the "why" behind the "what"—and gaining a structural advantage in shaping what comes next.
Crypto
Perspectives
Rodolfo Gonzalez
,
Gracie Zaro
Rewriting the way money moves with stablecoins
Moving money can now cost fractions of a penny and settle in under a second. What that means for financial services at scale.
AI
Enterprise
Perspectives
Ashu Garg
,
Jaya Gupta
When model providers eat everything: A survival guide for Service-as-Software startups
OpenAI and Anthropic are moving up the stack fast. How do you build an enduring app-layer startup when your platform might become your competitor?
B2BaCEO
A newsletter and podcast for technical founders on the path to CEO
The State of AI in Design
How design is evolving with AI, and what comes next
AI in the Real World
A video series on how AI is being applied, with the people making it happen
News
Headlines from our investors and portfolio companies
Read, watch, listen—insights from our investors
AI
Enterprise
Company Building
AI in the Real World
Perspectives
Joanne Chen
,
Leo Lu
The great reorg: A human’s guide
Will humans be managed by agents or be the managers of agents?
AI
Enterprise
Perspectives
Jaya Gupta
,
Ashu Garg
AI’s trillion-dollar opportunity: Context graphs
By building context graphs from decision traces, AI agent startups are capturing the "why" behind the "what"—and gaining a structural advantage in shaping what comes next.
Crypto
Perspectives
Rodolfo Gonzalez
,
Gracie Zaro
Rewriting the way money moves with stablecoins
Moving money can now cost fractions of a penny and settle in under a second. What that means for financial services at scale.
AI
Enterprise
Perspectives
Ashu Garg
,
Jaya Gupta
When model providers eat everything: A survival guide for Service-as-Software startups
OpenAI and Anthropic are moving up the stack fast. How do you build an enduring app-layer startup when your platform might become your competitor?
AI in the Real World
A video series on how AI is being applied, with the people making it happen
News
Headlines from our investors and portfolio companies
Read, watch, listen—insights from our investors
AI
Enterprise
Company Building
AI in the Real World
Perspectives
Joanne Chen
,
Leo Lu
The great reorg: A human’s guide
Will humans be managed by agents or be the managers of agents?
AI
Enterprise
Perspectives
Jaya Gupta
,
Ashu Garg
AI’s trillion-dollar opportunity: Context graphs
By building context graphs from decision traces, AI agent startups are capturing the "why" behind the "what"—and gaining a structural advantage in shaping what comes next.
Crypto
Perspectives
Rodolfo Gonzalez
,
Gracie Zaro
Rewriting the way money moves with stablecoins
Moving money can now cost fractions of a penny and settle in under a second. What that means for financial services at scale.
AI
Enterprise
Perspectives
Ashu Garg
,
Jaya Gupta
When model providers eat everything: A survival guide for Service-as-Software startups
OpenAI and Anthropic are moving up the stack fast. How do you build an enduring app-layer startup when your platform might become your competitor?
AI in the Real World
A video series on how AI is being applied, with the people making it happen
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