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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 goals and its cuttingâedge green infrastructure projects. City officials are planning a series of public events and exhibitions to showcase local sustainability innovations.
Golden Gate Park opened three new themed gardens designed with native droughtâtolerant plants, solarâpowered irrigation, and interactive educational stations. The project, funded by a publicâprivate partnership, aims to boost biodiversity and provide a fresh attraction for visitors and locals alike.
The Giants secured the National League West division championship with a dramatic 5â4 walkâoff win over the Los Angeles Dodgers. Fans celebrated with a cityâwide rally at Oracle Park, and the team announced plans for a community outreach program focused on youth baseball in underserved neighborhoods.
The annual Tech Expo SF showcased dozens of startups unveiling nextâgeneration AI tools, including a new language model that reduces energy consumption by 40% and a realâtime translation device that supports 120 languages. The event attracted over 30,000 attendees and reinforced the Bay Areaâs reputation as a global tech hub.
San Franciscoâs Muni introduced 150 allâelectric buses, the largest zeroâemission fleet addition in the cityâs history. The new buses feature advanced battery technology that provides a 250âmile range and are expected to cut transitârelated emissions by 30% over the next five years.
