Mike Ghaffary
@newmike
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Investor at Burst Capital. Alum @Yelp @CanvasVC @Eat24 @Stitcher @SocialCapital @SummitPartners @BCG
San Francisco
Joined July 2007
Big day for Standard Fleet: we’ve raised our $13M Series A! From day one, our mission has been simple: make connecting to vehicles effortless. Today we’re powering fleets across 30+ automakers and scaling faster than ever. I am grateful to our team, customers, and investors for
Big news: @StandardFleet has closed a $13M Series A led by Nova Threshold with support from top investors. We are also expanding Digital Key, giving secure vehicle access in <60 seconds, no hardware needed. Over 75k trips completed, and it is now live across EV, hybrid & ICE
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Well done @amiruci and @basetenco team!
We closed our series D at $2.1b. It happened 8 months after our series C, which seems too fast until you consider the facts: 2-years worth of growth in 8 months, virtually 0 customer churn, healthy margins, and QoQ NDR numbers that are considered top-tier YoY. The market demand
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We closed our series D at $2.1b. It happened 8 months after our series C, which seems too fast until you consider the facts: 2-years worth of growth in 8 months, virtually 0 customer churn, healthy margins, and QoQ NDR numbers that are considered top-tier YoY. The market demand
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It’s been a few weeks since I shared our partnership with Tint, and things are off to a great start. I have some other "Key" Standard Fleet updates to share. But first, here's a picture of me in a frunk. /1
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Engineers applying the old way: 😩 Engineers applying with Fonzi: Super Saiyan mode
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Meet Producer, your personal AI music agent. It turns your imagination into music. Powered by FUZZ-2.0, the new state-of-the-art model from the Riffusion team. Welcome to the studio.
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Great startup opportunity
Hi Friends - my company Standard Fleet is hiring. Seven roles open currently. To call out a few: 1. Director or Engineering 2. Full Stack Engineer 3. Backend Engineer You will have my eternal gratitude if you send a great candidate. If we hire them, I will personally wash your
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Miss our group chat with @newmike the other week? This was a great chat where we got to learn how Mike evaluates marketplaces when investing, we discussed the fundraising environment, how AI is impacting marketplaces, & more. The recording is now live! https://t.co/o3daNY5JjX
everythingmarketplaces.com
Recording of the Everything Marketplaces Group Chat #192 (6/7) with Mike Ghaffary, Partner at Burst Capital.
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The total value of all public companies in the tiny Bay Area (population 8M) is greater than India, Japan and Germany (population: ~1680M) combined. There’s a reason why it’s called the global hub of innovation.
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We asked @shishirmehrotra about the strategic vision behind @Grammarly's acquisition of Coda and @Superhuman. "We call this layer the AI superhighway, bringing AI right to where people work. Up till now, we've only been running one car on that highway: the car with your high
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Superhuman is being acquired by @Grammarly! 💜💚 Together, we will build the AI-native productivity suite of choice 🥇 We will invest even more deeply in AI and email, reimagine chat and collaboration, and build AI agents that unlock a whole new way of working. More below 👇
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Is anyone building an email and text message interface for LLMs? This seems like an easy opportunity for a consumer app startup. Message me if you or someone you know has built this. It seems so obvious to cc your AI assistant on an email and get thoughtful answers.
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Excited to announce our investment in Hostie, joined by @thethomaslayton (Former Opentable CEO) and ex Yelp leaders (@newmike). They're the leading restaurant AI solution used by Flour + Water, Chotto Matte, Nisei, Harborview, and Fiorella.
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AI music generation - excited to see this!
Every instrument is doubted at first. Unrefined. Incomplete. Unwelcome. It takes great artists to harness these tools—to push creativity forward. Today, we’re launching our instrument: FUZZ-1.0 . We’re inviting you to be the first to play it.
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Every instrument is doubted at first. Unrefined. Incomplete. Unwelcome. It takes great artists to harness these tools—to push creativity forward. Today, we’re launching our instrument: FUZZ-1.0 . We’re inviting you to be the first to play it.
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New Episode of Ignite VC just dropped — and it’s a masterclass in timing, traction, and AI transformation. What do Yelp, Stitcher, and a $750M food delivery business have in common? - @newmike helped build them. Now a General Partner at @BurstCapital, Mike joins us to break
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The AI coding revolution has a measurement problem. We just fixed it. Now that engineers and their AI coding agents are melding together, one burning question remains: Is this making teams more productive? Our data revealed something striking: a small group of engineers are
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Great to see the Marketplace Checklist being put to use!
The Marketplace Checklist is live. If you're building or backing network-driven platforms, this is the tactical framework you need. Originally authored by @newmike (ep. 154 of the #IgnitePodcast), we break down what great looks like across: – Supply vs. demand dynamics –
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Huge day for OfferFit! The company announced its $325M proposed acquisition by Braze. I would post a link, but apparently the algorithm still says not to post links, so click on the replies to see more.
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