Sublime

We sold PayPal to eBay for $1.5 billion in 2002. Since then, Elon Musk has founded SpaceX and co-founded Tesla Motors; Reid Hoffman co-founded LinkedIn; Steve Chen, Chad Hurley, and Jawed Karim together founded YouTube; Jeremy Stoppelman and Russel Simmons founded Yelp; David Sacks co-founded Yammer; and I co-founded Palantir. Today all seven of th

However, investing in a higher number of billion-dollar companies does not necessarily mean a greater success level for a VC firm, as measured by return of the fund. Some firms may have larger fund sizes and hence invest in more companies. Some don’t lead deals and are not ownership sensitive. Analyzing what percentage of a firm’s bets that became

CHUNK OF WEWORK’S EARLY money came from Rebekah, Adam’s wife,

Koum and Acton had already raised $250,000 in seed funding from a few ex-Yahoo employees, but they saw VC funding as a bailout. Still, Goetz was persistent. He assured the founders that he would act as a strategic advisor, helping them turn WhatsApp into the powerhouse he knew it could be. Eventually, Koum and Acton agreed to take $8 million from S

Root Insurance had an IPO in 2020 valuing it at over $6 billion.