Tuesday, February 26, 2013

Spark Capital IV

Spark announced our latest fund today; the fourth since the founding of the firm back in 2005.

There is little I have to say about the fundraising that my more eloquent partners have not already said better.

I feel lucky to be working with such a talented team of investors. I learn from my colleagues at Spark every day.  It’s a wonderfully egalitarian work environment where ideas and ambition are valued above all else.  It has served us well in three funds thus far, and I can’t wait to see where our team takes us in fund IV.

While the team is great, we are the sideshow. We’d be nowhere without the tireless entrepreneurs that do all the work of building amazing companies that match their visions. And, we owe a big thanks to our LPs that continue to support us and believe in our thesis.

Venture capital works on crazy long feedback loops. The data on Spark IV’s success won’t be well defined until 7+ years from now, 2020. 2020… that’s crazy, and I can’t wait to see how this generation’s founding entrepreneurs are going to shape those next 7 years. I hope to help them a bit on their path.

Notes

  1. thegongshow posted this