🎉 We're thrilled to announce that Tiffany Luck has joined NEA as a Partner on the Technology Investing Team.
Welcome, @lucktm!
📰 nea.com/news/press-releases/…
Hats off to @Salesforce$CRM -- from earnings call yesterday: @Mulesoft growth actually accelerating post-acquisition (77% YoY last quarter vs. ~38% at the time of acquisition). Redefining what large company M&A playbook can look like.
1/ This week marks 16 weeks since my daughter was born, the end of my maternity leave, and my return to work full time. I don't usually tend toward personal updates, but the transition to motherhood has made me feel more open to sharing so here goes!
At @GGVCapital we❤️API-first and continue to be excited by all of the incredible teams building this way! Today we're sharing the API-First Index we (@chelcietay@jrichlive) put together of top private API-first companies based on total $ raised: apifirstindex.com
Fun time with @jrichlive today talking about a favorite topic @GGVCapital — SMBTech! and what it takes to scale SMB SaaS. Thank you to team @saastr for an amazing event as always!
Beyond excited to partner with @tschellenbach@tommasobarbugli and @getstream_io team as they continue on their mission to enhance user experience with their in-app messaging and activity feed APIs. Also excited to one day be able to visit in person in Boulder and Amsterdam!
I love creation / behind the brand stories. Have read:
- Shoe Dog (Nike)
- The Everything Store (Amazon)
- That Will Never Work (Netflix)
- Setting the Table (Union Square Hospitality)
- Eat a Peach (Momofuku)
- At Balthazar
Would appreciate any recommendations! 🙏
Playing a new game with my coach — live happy, proud, and inspired every day. At work, at home, with friends and family, on the golf course, out for a run. They all influence one another. Mindset is a powerful thing ✨
If anyone is curious what it's like to raise $7.5M, I just did a really cool podcast where I talk about my strategy getting the investment and how the stress just got worse after the money hit the bank.
Apple: podcasts.apple.com/us/podcas…
Spotify: open.spotify.com/episode/04Y…
It's a great time to be building API-first!
Excited to share highlights from Q2 activity within @GGVCapital API-First Index >>
- 8 new funding rounds
- 1 M&A exit
- total raised now $13.2B across this group of 50
🔥
1/ The GGV Capital API-First Index, which we launched in March, highlights the most promising developer-first software companies commercializing #APIs. We update this index every quarter—here's the Q2 2022 update: apifirstindex.com
cc: @chelcietay@lucktm@jrichlive
🧵⤵️
Exciting day for a very special team - congrats @alexhagerup & @VicDotAi on your Series C! @jrichlive & I have loved working with you over the past 3 years. We've seen you become a game changer for your customers and prove the true value of AI for Acct & Finance. More to come!🚀
We launched the @GGVCapital#SMBTech Summit last year to bring together founders & leaders empowering SMBs around the world. Excited for the 2nd annual summit this year on October 27, 9am - 12pm PT. Join us! RSVP: hopin.to/events/smb-tech-sum…
At @GGVCapital@jrichlive and I have been lucky to be a part of the @Electric_AI journey -- empowering SMBs by making IT easy -- since leading their Series B. Congrats to the whole team on your Series D and to the amazing things ahead!
As @DenehyXXL always says, LFG!!!⚡️💥
We are beyond ecstatic to announce that we've raised $90M in our #SeriesD funding to make #IT easy for small businesses!🙌💸
A huge thank you to @GGVCapital for leading this round, along with our other existing investors🙏
Learn more below👇
bit.ly/3voSmDA
With the @billcom$BILL IPO last week, public market value for #SMBTech continues to rise💥.
Metrics vary given differences in business models / disclosures, but here's a look at Bill.com at IPO vs. @Shopify and @Square then and now: bit.ly/34lhAUh
No better way to kick off 2022 than this conversation with @sameeramoinpour at @WorkboardInc who is the master of alignment & driving results! We cover:
💥Alignment + accountability
💥Embedding OKRs into your operating rhythm
💥Building this impt muscle
piped.video/C6G3Abv0Uak
Announcing the #SMBTech50! 🎉
To celebrate SMBs and the technology that powers them, we teamed up with top VCs, @crunchbase and @Nasdaq to recognize 5️⃣0️⃣ pioneers that are transforming the SMBTech ecosystem.
Check out the list: smbtech50.com
We're lucky to work with the amazing teams at @PinwheelAPI@MindeeAPI@getstream_io and @AgoraIO in the early days and are excited about everything ahead✨
We always love to chat API-first, so please reach out if you're building this way!
End/ Heartfelt thank you to everyone for the tremendous support over the past 16 weeks. I'm very energized to be back (although sleep fragmentation is real so please forgive the dark circles). Can't wait to catch up with everyone and meet many new people as well!✨
Had a great time at @saastreuropa - amazing energy all around✨Incredible to see so many people IRL again + share the stage with @zachcoelius talking about VC ecosystem. Thank you @jasonlk@saastr team - already looking forward to the next one!
Very excited to share a series of conversations I've been working on, starting with the Future of Mindset with Shir Nir! Shir is a mindset master and shares his thoughts on how to dream big, how to design each day, and how to drive the results you want💥
piped.video/e66MbigQiCg
Today marks one year of working with my executive / life coach. Can't believe 1) how quickly time flies and 2) what a huge difference it's made in how I design my life and see opportunities✨Optimistic for 2021!💥
SMBTech is mission-critical to small business owners. We @GGVCapital@chelcietay recently did our annual #SMBTech pulse check, and 3 things are clear:
1. SMBs are continuing to invest in software
2. Ease of use is very impt
3. Community matters to SMBs!
Read more ⬇️
According to our SMBTech Pulse Check (put together by @lucktm & @chelcietay), SMB owners continue to add technology providers to drive growth, and are planning on spending the same or more on technology in 2023. Learn how they evaluate software vendors:
ggvc.com/insights/smbtech-pu…
After $SHOP earnings yesterday with GMV +119% YoY, blowout $UPS earnings today.
US: "Demand for residential delivery surged in the quarter, driving B2C shipment growth up 65.2%."
8/ I'm extremely thankful to everyone I work closely with @stream, @yac, @workboard, @vic, @fairmarkit, @electric. Thank you for words of encouragement, regular check-ins, care packages and cute baby onesies, and for being an energizing force that has me excited for the future.
Our head of product Tara crushed it on this post. I'm obviously neither a woman nor a parent but I 100% get what she's saying and it needed to be said. Well done. linkedin.com/pulse/im-tired-…
Building a new community, engaging an existing community...everyone wants to know how to do it!
Excited to share this Future of Community episode with @janaboruta, former Director of Developer Events at @HashiCorp.
📽️: piped.video/10suSMF21jM
Excited to drop our first Future of Product episode with Tara Goldman, SVP Product @Electric_AI ⚡️
Tara shares how to build a product org that scales, live in constant alignment with engineering, and balance quick wins with medium/long-term vision💥
piped.video/watch?v=phl1aFpm…
API-first tailwinds are strong. APIs are critical building blocks and becoming increasingly important to modern software development. Q3 highlights from our API-First Index👇
8 rounds (3 undisclosed $) / $350M+ raised by this group of 62 companies in Q3
Excited for all to come!
1/ The Q3 Update of GGV Capital’s API-First Index is live, and it's clear that excitement for teams building API-first remains high! See the full list here: apifirstindex.com/
cc: @lucktm@chelcietay@jrichlive
Excited to share this week's episode on the Future of Software with @JGrandperrin -- we talk about Jonathan's journey starting @MindeeAPI , a developer-centric approach to building, the future of APIs, and life in Paris!💯
piped.video/watch?v=ucuNK2Uc…
I say it every time I am here. And I mean it every time I am here.
NYC is the best!
(But also thankful that it is only 80 here this week and not 100 😊)
1/ Born in Brooklyn, @LizPYoung’s family moved to New Jersey and she watched her dad board the commuter bus to Manhattan 🍎 every day for 20 years. For her, it wasn't a decision. New York was the only place she was going to start anything. 🗽
#GGVNYC
Proud to call @GGVCapital home and have an incredible mentor in @jrichlive + work alongside great enterprise investors and friends @YungerOren and @glennsolomon. Here's to more fun ahead!✨
Today, we celebrate the #BigCommerceIPO with the customers, teammates, partners and families who made it possible. $BIGC
This is a big moment, but the journey ahead is even more exciting. Together, we’re just getting started!
A note from CEO Brent Bellm: bit.ly/31lznv1
Going against the grain here...but it's really fun to work in the office alongside your team - such good energy!✨ And definitely a lot more laughter in person vs. Zoom 😆
Love to see the support of SMBs and emerging brands on @Shopify by 457M consumers in 2020❤️. Can't wait to see how that number grows in 2021! 🚀#SMBTech
Great evening with @FoundersEmbassy! Loved the discussion around founders finding the right partner in an investor and giving them homework / putting them to work to deliver value
7/ I'm very thankful to my whole team who has really become like a family over the past 3 years, and I'm particularly thankful for all of the support from @jrichlive who gave me the space I needed but always kept me in the loop. Truly grateful for your mentorship. 🙏
At @GGVCapital we’ve been longtime investors in the SMBTech sector (@brightwheel@DrataHQ@Electric_AI@joinhomebase@slice and more), and we know we’re not alone in our excitement. SMBTech is poised for incredible innovation & growth, and we can’t wait to see what’s next🚀
Thank you, @DoerrfeldBill! I enjoyed our discussion, and we could have gone on for hours about APIs.😁 Look forward to our next one!
@GGVCapital we love everything we're seeing around API-first + all of the amazing teams we meet and work with. Excited to see what 2023 brings!
The API-First Index tracks over 60 API-first startups that have raised $50 million or more. “APIs are holding up very well compared to the broader VC landscape,” said @lucktm, partner at @GGVCapital.
via @devopsdotcomdevops.com/index-tracks-impr…
Great perspective from @day_dree@WorkboardInc on @McKinsey podcast on how to build a digital operating rhythm to execute your strategy faster and achieve more >> alignment + speed 🚀
Could also be titled "how to be impactful as a leader"
🎙️: podcasts.apple.com/us/podcas…
Excited to celebrate the Embedded Fintech 50 today!
@hanstung@robin_p_li@marcthesharka worked with 57 VC funds to arrive at this amazing group of 50 companies defining the future of fintech! 💥
#EF50 ⬇️
Introducing the Embedded Fintech 50! #EF50 🎉
Embedded Fintech is what we see as the next phase of fintech innovation, and the 50 honorees demonstrate investors' enthusiasm for this sector's growth and opportunity.
Check out the full list: embeddedfintech50.com
5/ I've read so much about work-life balance, but this idea of work seeming like play resonates with me more and is a perfect description of how I feel about @GGVCapital and getting to work with so many amazing teams.
I've tried so many WFH tips over the past 10 weeks, and @tomatotimer, you are my favorite. 25 on / 5 off / 25 on / 5 off - a beautiful rhythm (when meetings allow).
Next up - find reasonably priced ergonomic office chair.
1/ “The hustle, the grit—I knew that for my third company, it had to be in New York.”
@DenehyXXL spent his 20s in California building two companies. But the Big Apple kept calling, and so he’s building @Electric_AI in NYC to help SMBs take the grunt work out of IT.
#GGVNYC
Excited to share this very inspirational and special Future of Mindset episode with @ahossain24, co-founder & CEO of @TheGrandWorld – the go-to platform for group coaching as you’re navigating transitions at the intersection of work and life
📽️: piped.video/hE3ONIRMWO8
2/ First, I have been blown away over the last 16 weeks. To call it special/life changing/magical is the ultimate understatement, and I feel so lucky to have had the time.
Meet our latest product beta, Audio and Video!🎉
Developers can now quickly add real-time video and audio to their applications in just a few lines of code 🛠️
Best of all, we provide the UI components and logic to make the hard parts easy 😎
👉: getstream.io/video/
Talk about growth at scale 🚀 @salesforce$CRM shows the power of compounding with plans to double the company (again) over the next 4 years! Great pre-feast reading🦃>> bit.ly/2XMSWdE
Very excited about this one! Had a great conversation with my friend @Mike_Prometheus, CEO and Founder of @prometheusalts, where we talk about the Future of Finance and the intersection of investing & community💥
📽: piped.video/watch?v=osxa5YWt…
Beautifully said @rlacerte@billcom founder letter:
"Being an entrepreneur requires a perfect balance of impatience and patience. The impatience compels you to fix something that’s broken, and the patience keeps you iterating on your solution, long after others would have quit."
It's always a good conversation with @MattRedler!
Here we talk about the future of work, how to unlock the magic of distributed teams, and why he's building @pantherhr to make it easy for everyone to hire remotely around the world🌎💥
piped.video/watch?v=kBr5cwQn…