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General Partner
The Rubikās Cube has 43 quintillion combinations - but only one solution. At age 11, Ashu found that solution in 25 seconds flat. Although Ashu hasnāt picked up a Rubikās 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 centuryāthrough boom and bust, prosperity or calamityāFoundation 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 San Francisco Municipal Transportation Agency unveiled 150 new electric buses, completing its transition to a fully zeroāemission public transit fleet. The rollout includes advanced charging stations at all major depots and is expected to cut citywide emissions by 40% over the next five years.
The Warriors clinched the 2026 NBA Finals in a dramatic sevenāgame series against the Boston Celtics, delivering the Bay Area its first major sports title in four years. Star guard Klay Thompson was named Finals MVP after scoring 38 points in the decisive Game 7.
The 45th edition of the San Francisco International Film Festival attracted over 250,000 visitors, the highest turnout in its history. Highlights included the world premiere of the acclaimed sciāfi drama "Neon Horizons" and a special tribute to pioneering women directors.
The annual TechCrunch Disrupt conference in San Francisco featured 120 emerging companies, with several securing multiāmillionādollar funding rounds. Notable winners included GreenGrid AI, a platform that optimizes renewable energy distribution for urban grids.
Organizers announced the inaugural Bay Lights Festival, a threeāday celebration of music, visual art, and sustainability. The event will feature performances by local indie bands, interactive light installations, and a zeroāwaste pledge, drawing visitors from across the West Coast.
