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Congratulations to Upwork

A Crowded Space

I remember when I made that first flight out to San Francisco from Boston to meet the team in 2004, the company was down to its last $20K in the bank. Very shortly after I joined, Greg Gretsch (now my partner at Jackson Square Ventures) co-led oDesk’s Series A along with Venky Ganesan (partner at Menlo Ventures and lead investor in Rev.com).

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The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?

David Teten

(co-written with Katherine Boe Heuck , a MBA candidate at MIT Sloan (class of 2022); past intern at Versatile VC ; and a current intern at Metaprop NYC.). All of the 40 companies’ 92 founders were male. Of the 19 Western Europe/Israel-based founders, all were white. Of the 43 U.S.-based Of course, this dataset is incomplete.

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Why Venture Capitalists Are Investing in International Startups

David Teten

According to the NVCA 2017 Yearbook , in 2004, 77% of global VC fundraising went to US VCs, and 85% of global VC dollars went to US startups. These are often 100% US-based at inception, but in my experience they are more likely to both open an office abroad and to sell abroad than a company without an immigrant founder.

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Why Venture Capitalists Are Investing in International Startups

David Teten

According to the NVCA 2017 Yearbook , in 2004, 77% of global VC fundraising went to US VCs, and 85% of global VC dollars went to US startups. These are often 100% US-based at inception, but in my experience they are more likely to both open an office abroad and to sell abroad than a company without an immigrant founder.

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Y Combinator's First Batch: Where Are They Now?

thenextweb.com

After giving the applicants just 10 days to submit, Graham received an amazing 227 applications, which just goes to show the unbelievable drive that the young would-be founders had. Like a parent, Y Combinator protected and guided a group of eight applicants who were chosen to be part of the Y Combinator Summer Founders Program.