Deep-tech VC who takes credit for others’ work at Rocket Lab, Twitch, LinkedIn, Twilio, Auth0, Qualys, Skybox & Zapier;
a documentary filmmaker, Dad & humanist.
Just announced sale of Auth0 to Okta for $6.5b. Thank you Eugenio, Matias & team!
BVP is the largest Auth0 shareholder by 2X. We just published our Investment Recommendation for the 2014 seed investment that has now returned over 200X.
@warmaksanoliver
@diana_hilber
@ARmastrangelo
When you say no one should side with them you are saying that actual facts do not matter - the Jews are always wrong regardless. Indeed that is the only possible way that someone could react to the Hamas attacks and blame Israel for them.
We need to stop making judgments based
@BillAckman
@RobertKennedyJr
Because vaccines that protect the public must be mandated, especially for children who opt into the public school system, which has a duty to protect all its students. It should be up to the scientists, not the parents. Like smoking indoors, you don’t get to choose.
Caution: never buy premium Tesla service plans. I love my Teslas but I was scammed into paying many thousands on the top end "Ranger" service including house calls & loaners. *Every* time I've tried to use it, I was told "Not now, we are too busy." (Just happened again today.)
Scott Smith, a true pioneer of the new space economy, passed away this weekend. I learned more about space tech from Scott than from anyone. I miss him deeply, as do all his friends at Bessemer, Skybox, Rocket Lab and Iris.
Please join me in supporting . Every dollar you donate goes directly to endangered and displaced families in desperate need. Today we're feeding families of high risk women in Mazar trying to transition out of the Islamic Caliphate of Afghanistan.
In 2009, an ex-snowboarding merchant and 2 coders promised
@ethankurz
,
@jamescham
,
@marklurie
and me to disrupt the telecom industry with a simple 5-function API.
@jeffiel
prevailed and we seed funded
@twilio
. Original memo, declassified:
Best part of today’s debut was watching the film beside the courageous Afghan Dreamer Somaya Faruqi. Somaya and her friends created the internationally renowned Afghan Robotics Team, becoming the poster children of girls education in Afghanistan before they were forced to flee.
As reflected in the original investment memo we published, BVP credits
@sunilnagaraj
for finding Auth0. He also led our due diligence effort and served on the board early on before leaving to start
@UbiquityVC
.
How many VC's turned down Auth0 over the last 7 years?
The market was considered too small, and yet too crowded and with the big 3 as competition for SSO.
@kmehandru
@ManuKumar
@davidcowan
deserve a lot of credit.
@BessemerVP
definitely a clear leader in dev-first SaaS.
Congratulations to the entire NRO launch team and our partners
@RocketLab
who helped make
#NROL151
a success! And thanks to all the
#launch
fans out there for joining us today to watch as we launched
#BirdsOfAFeather
.
@NapoleonVII
@JonLemire
It’s not nice to call him Pinkeye Pence. If you say Pinkeye Pence, people will hear Pinkeye Pence, and it’s so catchy that they will say Pinkeye Pence, Pinkeye Pence, Pinkeye Pence... so let’s all stop calling Pinkeye Pence “Pinkeye Pence”.
#StopPinkeyePence
I love my family.
I love my family.
I love my family.
I love my family.
I love my family.
I love my family.
I love my family.
I love my family.
I love my family.
The 2018
@Forbes
Cloud 100 List is here! For the third year in a row, we are excited to bring you the world’s top 100 private cloud companies. Given the competition, making this year’s list is no small feat. Congratulations!
#Cloud100
This is truly a milestone in the global endeavor to reach commercial quantum advantage. Proving out a scalable architecture is profoundly more important than any single increase in quantum volume.
For those of you seeking declassified materials on space phenomena,
@bessmervp
just published the three original investment memos for
@RocketLab
,
@SpireGlobal
and
@VELO3DMetal
. We hope these memos inform and inspire our next cohort of space entrepreneurs.
"CubeSats sparked a realization that true scalability comes not from bigger satellites, but many cheap small ones, and suddenly 5 accumulated decades of Moore’s Law turned the space industry upside down." This is why I'm investing in the new Space Stack, and hoping others do too.
As venture capitalists, we pay too much attention to pattern recognition when in reality, the biggest opportunities exist where those patterns break. Our job is to make perceptive bets on the future, especially those that others will dismiss and ridicule.
3 of my 1600 classmates at Harvard were probably there because their families gave the school a chemistry building, a scholarship fund, and a gym. Here’s what I have to say to the parents of those 3 students:
Thank you.
Join us in celebrating
@LindseyLi_
on her promotion to Vice President! 🎊
Lindsey focuses on seed- and early-stage enterprise AI/ML infrastructure, developer platforms, and gaming investments.
📢 Auth0 is thrilled to announce
@eugenio_pace
as its new CEO 🎆
Co-founder Pace will focus his efforts on continued product innovation, customer success, and global expansion 🚀. Congratulations, Eugenio 👏
Read the full announcement →
The
#PGEpowershutdown
crisis making life in Silicon Valley tenuous. .. Living off the S and X batteries, but soon we’ll have to tap the 3. Now powering only essentials - the Peloton and juicers. Social fabric decaying... Will keep transmitting this
#BubbleReport
until iPhone dies
I worked with
@TomerDiari
,
@Ray_O_Johnson
& the BVP Quantum Fellows () to research, map out, and understand the QC landscape. After 3 years we concluded that Quantum Advantage is now within the VC investment horizon, and
@rigetti
the obvious horse to bet on
Bessemer leads
@rigetti
's $79M Series C: “Quantum computing will drive a paradigm shift in high-performance computers as we continue pushing the boundaries of science deeper into the realms of science fiction,” said
@TomerDiari
who has joined the board.
“I always asked why girls should wear a hijab and boys are not obligated to do so,” Her teachers often threw her out of their classes, and sometimes beat her.
TheAtlantic exposes spread of hate-theism & important work of
@center4inquiry
's Secular Rescue.
On PBS “US and the Holocaust” episode 3, 400 rabbis marched on the Capitol in 1942 to demand help Holocaust victims and refugees. I was startled and proud to see my late grandfather Dr. Rabbi Moshe Blech (with the dark beard).
Go Zayde!!!
Additionally,
@BessemerVP
's
@davidcowan
is leaving Rocket Lab's board of directors this quarter after nine years.
@Peter_J_Beck
thanked David on the Q4 call happening now, and wished him well.
BVP's 2 space companies
@RocketLab
&
@SpireGlobal
announce today their public offerings through SPAC mergers. The markets have clamored for a flagship company with proven tech and financial traction to lead the new space ecosystem. Now they have two. Big congrats to both Peters!
Cyber meltdown? Not for the few startups with deterministic defenses and military grade talent: In 2017 the combined subscription ARR of
#BVPfunded
Virtru, Endgame, Illusive, Claroty & Auth0 grew from $19M to $71M, with forecast growth to $154M this year.
In ‘02 Stanford & CalPoly science students turned cellphone parts into cubesats. Now Spire, a newly public company, operates the largest multi-function cubesat constellation in space! Read about our early days in the investment memo I first wrote with
@joshbenam
&
@sunilnagaraj
.
Congrats to the
@SpireGlobal
team on going public today! When
@DavidCowan
met CEO
@ppl4world
in 2015, Spire had only run 2 satellites in orbit at the same time. Now it operates the largest general-purpose cubesat constellation. Read our memo:
I would'nt fly on a jet piloted solely by an AI.
Nor would I fly on a jet flown 100% manually by a human pilot.
Combining artificial and natural Intelligence is clearly the winning approach to optimize outcomes.
This is why AI makes human workers more productive, not obsolete.
This is a bittersweet day for me, having sold 2 great cyber companies Endgame and Distil. I will miss coming to DC for board meetings with these two visionary teams who make the internet safer. Congratulations all around!
Podcast recommendation of the day: listen to
@bdeeter
@bessemervp
on
@twentyminutevc
. Great stuff on what’s going on in cloud and how Byron thinks about creating relationships of trust with his founders!
As a deep tech fanatic,
@RocketLab
has been one of the great joys in my venture investing career. On Wish I Knew, I dive into
@Peter_J_Beck
’s unconventional path to building a billion-dollar rocket company in New Zealand.
Here’s what I have to say to those bureaucrats and “scientists” at the Food and Drug Administration who still prevent us from buying meds that haven’t passed years of tightly controlled, double-blind clinical studies for toxicity and efficacy:
Thank you.
The
@center4inquiry
is protecting the public from bullshit snake oil by suing Amazon. Check out this 'Prime’ Example of Amazon Hawking Disreputable Homeopathy via
@center4inquiry
Bubbleproof is back, baby, with a talk show format!
Check out our newly released trailer for the Bubble Report, filmed in a pandemic-safe bubble buried in the depths of Silicon Valley.
@ThinkingAtheist
Professor Paul Hansen's class on Ancient Near East showed us actual cuneiform tablets from Phoenicians, Assyrians, Hittites and other tribes featuring the Genesis stories several centuries before the Semites and the alleged exodus to Mt Sinai.
Next up on the stroll down memo-ry lane,
@Twitch
. Credit to
@eshear
and
@kevinlin
for convincing
@davidcowan
and me that this whole "watching other people play games" thing was going to be big one day. Fortunately, Emmett knew from JustinTV that this behavior already existed.
Excited to announce we’ve raised $4.6 billion to back entrepreneurs and CEOs at scale, across all stage.
🔵$𝟯.𝟴𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻—𝟭𝟮𝘁𝗵 𝗳𝗹𝗮𝗴𝘀𝗵𝗶𝗽 𝗳𝘂𝗻𝗱, 𝗕𝗩𝗣 𝗫𝗜𝗜
🔴$𝟳𝟴𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻—𝗶𝗻𝗮𝘂𝗴𝘂𝗿𝗮𝗹 𝗕𝗩𝗣 𝗙𝗼𝗿𝗴𝗲 𝗳𝘂𝗻𝗱
Thank you
@Peter_J_Beck
for first telling me about
@VELO3DMetal
, which you called “the holy grail of 3D metal printing.”
With the company now going public, BVP has declassified our original investment memo from 2015: