a16z's growth fund backed Databricks at $6 billion and stayed through Series M. David George's view is that almost everything in AI will work.
· 5 min read
Venky Ganesan watched $5,000 grow to $200,000 and refused to sell. The lesson from that loss shapes how Menlo backs startups, including Anthropic.
· 5 min read
Baylor's endowment grew from $1.4 billion to $2.7 billion. Its CIO explains why a 15x venture fund can still lose to three ordinary ones.
· 5 min read
David Rubenstein started Carlyle at 37 because he read that people who haven't started a company by then never will. It now manages $500 billion.
· 5 min read
Michael Lee left Lone Pine to buy established companies and rebuild them around AI. He does about one deal a year.
· 4 min read
Long Lake bought nearly 40 service businesses in three years, then agreed to take Amex Global Business Travel private for $6.3 billion.
· 5 min read
Kevin Ryan's rule is to only bet on trends that will last 10 years. It produced DoubleClick, MongoDB and a nuclear startup now worth $6 billion.
· 5 min read