Several private, venture-backed companies have achieved rapid and extreme valuation mark-ups. This has obviously been going on for some time now in Silicon Valley and the private tech sector, but the magnitude and frequency of the recent write-ups I’ve seenRead More…
Box, the closely-watched cloud company, had a successful IPO on Friday, pricing its offering above the filing range at $14, raising approximately $170M, and seeing its shares pop over 60% on its first day of trading, closing at $23.23 perRead More…
Several of you have asked me for suggestions on books to read, so I’ve decided to try something new – a top 10 list from the past year. We’ll see how this goes. Let me know what you think, andRead More…
Lending Club debuted on the NYSE yesterday. Although GGV was not a venture investor in the company, I’ve been looking forward to this event for some time. I believe the company is well positioned for the future and has doneRead More…
Today HashiCorp announced a $10M Series A financing. GGV Capital is excited to have participated in this financing, alongside new investor Mayfield Fund and existing investor True Ventures. Pursuant to this investment, I joined HashiCorp’s board of directors. My partnersRead More…
As featured in TechCrunch After a seed round of $1-2 million helps build a working prototype and a $5-10M Series A enables a successful beta and launch, what comes next? Lots of entrepreneurs have reached out to me recently to discussRead More…
I appeared on Bloomberg West with Emily Chang yesterday to discuss Alibaba’s September quarter earnings announcement. We had a fun conversation – Emily grilled me on Alibaba’s US acquisition strategy, keying in on SnapChat and Hollywood. Check out the videoRead More…
We held a great CEO dinner this evening on High Velocity Sales & Marketing in SF. In addition to the 25+ CEOs in attendance from top notch companies, we had three terrific panelists – Heather Zynczak, CMO at Domo, RitaRead More…
Zendesk priced its IPO at $9/share on May 14th and achieved a first day close at $13.43, up 49% from IPO price. Although the Zendesk IPO is only one small step in an exciting journey, the deal represents a greatRead More…
As featured in TechCrunch Over the past several years, founders have been operating in a steadily improving macroeconomic environment. Stock market performance has mirrored the economic recovery, with the tech-heavy NASDAQ having posted meaningful gains in four of the pastRead More…