Will Seed Funds Be Multigenerational?

“There are now more seed funds whose names begin with the letter ‘F’ than there were seed funds [in total] when we started our firm!” A great line uttered at dinner last night by one of the senior GPs at one of the best early stage funds. Also, a partner who is transitioning into a […]

Deals Homebrew Lost: 2014 Edition

Blake asked for a follow-up to my post on the two deals we lost in 2013. Thanks for bringing up such painful memories! 2014 was a great year for Homebrew (or at least I *think* it was – check back in 10 years and I’ll tell you definitively). Bunch of new companies (currently 17 core investments) […]

Homebrew investment The Skimm raises $6m+ Series A

Yesterday The Skimm (everyone’s favorite morning newsletter) announced their $6m+ Series A. Homebrew led their seed financing in 2013 and enthusiastically continued our participation in this latest round. As an investor I’m often asked about my “favorite” companies and have written before about how much I dislike the question. That said, The Skimm does belong […]

Gil Penchina’s Army: How AngelList’s Largest Syndicate Plans to Lead A Rounds, Hire An Associate & Keep VCs Honest

Gil Penchina doesn’t appear in TechCrunch or Valleywag often. He tweets infrequently. Maybe you haven’t heard of him until now. But he’s raised the largest syndicate on AngelList, turning himself effectively into a one-man fund for, if not the masses, at least the 270 people who have already committed nearly $3.4m for each investment he wants […]

The 10x Angel. The 0x Angel.

10x, as in “10x Engineer,” is a well-trod expression used to suggest there are classes of people who are so much better than average that the results you get from them are an order of magnitude higher. There’s appropriate debate around whether the concept is true enough to turn into a hiring principle and if […]