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General Partner
The Rubikâs Cube has 43 quintillion combinations - but only one solution. At age 11, Ashu found that solution in 25 seconds flat. Although Ashu hasnât picked up a Rubikâs Cube in quite a while, he still takes great pleasure in solving complex business challenges. To give just one example, in 2010, a...
General Partner
2008 - Present
Foundation Capital is a leading Silicon Valley based early stage venture capital firm. I focus on investing in bold founders who have a vision to transform markets and build enduring companies.
We mostly invest in companies before they have revenues and work closely with them to improve their odds ...
Board Member
2015 - Present
Anno di laurea/diploma 1988
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Business Administration, Master's (6 year program)
1994 - 1996
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Foundation Capital was founded in 1995. As an early-stage venture capital firm, our fintech, enterprise, and consumer investments have reinvented industries and defined new markets. For over a quarter of a centuryâthrough boom and bust, prosperity or calamityâFoundation Capital h...
General Partner
Steve Vassallo is a General Partner at Foundation Capital, focusing on early-stage investments in enterprise, AI, fintech, and crypto sectors. He emphasizes identifying 'pre-founders' and supporting them in creating new markets.
General Partner
Ashu Garg is a General Partner at Foundation Capital, specializing in enterprise investments. He has been an early investor in companies like Databricks and Tubi, contributing to their growth and success.
General Partner
Joanne Chen is a General Partner at Foundation Capital, focusing on AI and enterprise investments. She has been instrumental in identifying and supporting founders in these sectors.
Foundation Capital announced the closure of its eleventh flagship fund at $600 million, a 20% increase from its previous fund, emphasizing its commitment to early-stage investments.
Read moreThe United Nations announced that San Francisco will host the 2027 International Climate Summit, recognizing the city's ambitious carbonâneutral initiatives and its worldâclass conference facilities. City officials say the event will bring thousands of global leaders and showcase local green technologies.
A 2âacre solarâpowered garden opened in Golden Gate Park, featuring native plants, interactive educational displays, and a series of solarâcharged art installations. The project, funded by a partnership between the city and local tech firms, aims to inspire sustainable landscaping across the Bay Area.
The Giants clinched their first World Series championship in 12 years with a dramatic 4â3 series win over the New York Yankees. The victory sparked a cityâwide celebration, with fireworks over the Bay and a parade that drew over a million fans.
San Francisco launched a citywide 5G mesh network, providing ultraâfast, lowâlatency internet to residents, businesses, and public services. The network, built in collaboration with several local startups, is expected to boost innovation in autonomous vehicles, telemedicine, and smartâcity applications.
The annual Holiday Lights Festival in Union Square attracted a record 850,000 visitors this year, featuring dazzling light installations, live performances, and a new iceâskating rink powered entirely by renewable energy. The event has been praised for its festive atmosphere and community spirit.