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General Partner
The Rubik’s Cube has 43 quintillion combinations - but only one solution. At age 11, Ashu found that solution in 25 seconds flat. Although Ashu hasn’t picked up a Rubik’s 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 century—through boom and bust, prosperity or calamity—Foundation 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 International Expo Board announced that San Francisco will host the 2030 World Expo, marking the first time the event will be held on the U.S. West Coast. City officials highlighted plans for sustainable pavilions, a new waterfront district, and a focus on climate innovation.
The annual 'Summer of Sound' festival drew over 250,000 attendees over three days, featuring headline acts like Beyoncé, Coldplay, and a surprise reunion of the Grateful Dead. The event was praised for its zero-waste initiatives and free public transportation for ticket holders.
GreenWave, a local AI startup focused on optimizing solar and wind farms, closed a $500 million Series D round led by SoftBank Vision Fund. The funding will accelerate deployment of its predictive analytics platform across the West Coast, aiming to cut regional carbon emissions by 15% by 2030.
San Francisco's Department of Transportation unveiled a fleet of 12 all‑electric ferries connecting the Ferry Building to Oakland, Alameda, and Sausalito. The service promises zero emissions, reduced travel times, and has already received praise from commuters and environmental groups.
The 2026 Pride Parade celebrated its 50th anniversary with a historic turnout of 1.2 million participants and spectators, making it the largest Pride event in the city’s history. The celebration featured a historic march led by Mayor London Breed and highlighted new city initiatives for LGBTQ+ housing and healthcare.