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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 annual San Francisco Tech Summit opened today at the Moscone Center, attracting over 45,000 attendees from around the globe. Highlights include keynote speeches from leading AI innovators, a showcase of breakthrough cleanâenergy startups, and a surprise product reveal from a major Silicon Valley firm.
The Warriors secured a postseason berth after a thrilling 112â108 victory against the Los Angeles Lakers at Chase Center. Stephen Curry recorded a seasonâhigh 38 points, and the win sparked a cityâwide celebration with fans gathering at Union Square.
Mayor London Breed announced a $1.2âŻbillion program to retrofit 10,000 existing apartment units with solar panels, heatâpump systems, and smartâenergy controls. The initiative aims to cut residential carbon emissions by 40âŻ% by 2035 and creates hundreds of greenâtech jobs.
The 30thâanniversary Cherry Blossom Festival welcomed over 120,000 visitors, featuring traditional Japanese performances, a lantern parade, and a popâup marketplace of local artisans. The event highlighted San Franciscoâs cultural diversity and boosted downtown tourism.
SFMOMA debuted âFuture Canvas,â an exhibition where artificialâintelligence algorithms selected and arranged works from the museumâs collection alongside contemporary digital pieces. Critics praised the innovative blend of technology and art, and attendance has surged by 25âŻ% since opening.