by Jocelyn Kinsey, Principal, DFJ Growth
At DFJ Growth, we’ve been on the lookout for a comprehensive technology solution that can provide self-insured employers with improved visibility into their healthcare spend and a more efficient approach to managing the experience of employee participants. Collective Health is addressing both of these critical needs, and we are thrilled to announce our investment and partnership with Founders Ali Diab and Rajaie Batniji, and the entire Collective Health team as part of their Series E financing. …
Whether you’re the President of the United States, a CEO, a young commander on the battlefield, or a data analyst — great leaders know how to assess risk quickly and make good decisions at that moment in time, based on the data they have.
Matt Carroll was serving as a US Army intelligence officer in Baghdad when he got his first inkling of the power of information.
Carroll, whose tour of duty in Iraq lasted between 2006 and 2009, recalled that “everything changed” when the military began to figure out how to make sense of the flood of seemingly disparate pieces of information flowing in over the transom each day. “It changed how we carried out counterinsurgency operations,” he said. …
By Josh Stein
On behalf of the team at Threshold Ventures/DFJ, I am excited to congratulate Harry, Tom, and the team at Periscope Data — who today announced that they are merging with Sisense, a combination that will create the most complete and powerful platform for business intelligence (BI).
We first met Harry and Tom in early 2015, thanks to an introduction from Bubba Murarka. A series of conversations and meetings followed, until later that year when we proudly led Periscope Data’s Series A financing. I joined the board as the first outside director.
by Chirag Chotalia, Threshold Ventures
I’m excited to announce that Threshold Ventures led a ~$16.4 million Series B in BentoBox, the leading provider of revenue generating technology to restaurants. At Threshold, we actively look for founders who have unique insights that cause us to re-examine our preconceived notions or prevailing wisdom on sectors. While the restaurant technology space is crowded with point solutions and tools, BentoBox and, in particular, Krystle Mobayeni, the company’s CEO, immediately stood out to us as having a very different approach to this market.
by Josh Stein, Threshold Ventures
That round, announced earlier today, is being led by our good friend Mamoon Hamid at Kleiner Perkins, with whom we’ve had the good fortune to partner with on some great investments like Box, Front, Lumity and Yammer. …
I realize now that the hard part is not being brilliant and coming up with great ideas. The hard part is really being honest with yourself, because we so often want to look at the world through rose-colored glasses.
Jack Conte is on a mission to eradicate the phrase “starving artist” from the lexicon.
A musician by training, Conte is the CEO of Patreon, a company whose platform allows creative people to flourish by pursuing their craft, which is no small feat in a web advertising world still dominated by CPM (cost per thousand impressions) metrics, which is a measurement of how much money it costs you to reach 1,000 readers, viewers, visitors, or listeners. …
by Mark Bailey and Sam Fort, DFJ Growth Partners
Although the life cycle of a hypergrowth technology company brings with it challenges at each stage, a lot of what you’ll encounter is entirely predictable.
Indeed, over the course of our careers — particularly in the work that we do at DFJ Growth with extraordinary hypergrowth technology companies — we have seen certain recurring patterns and phases in the growth, maturation, and life cycle of these companies.
One constant: Being associated with a hypergrowth company is truly a transformative and exhilarating life experience which transcends the spectacular business achievements of the company. …
When we look back 10, 15, or 30 years from now, there will be a day when we, or our kids, or our kids’ kids will say, “Why, of course we test for that.”
There are big ideas and then there are BIG ideas. Helix Co-Founders Justin Kao, James Lu, and Scott Burke are hard at work tackling the latter. Their goal: nothing short of empowering every person to improve their life by understanding their DNA.
The field of personal genomics is relatively new and, until recently, the idea didn’t make economic sense. But technological breakthroughs have sharply reduced the cost of sequencing an entire human-sized genome from roughly $100 million to do it the first time, to about $1,000 today. That decrease in cost has opened the way to thinking about how to proactively diagnose and treat patients by analyzing their genes to prevent or control potentially threatening medical conditions. …
The most important thing about starting and running a successful company is persevering. There were many times where it would have been easy to give up, but I just needed to keep my head down and get through it. It’s all about grit.
With a lot of hard work — and tutoring from her parents — Alice Zhang flowered intellectually, ultimately graduating with honors from Princeton and then enrolling in the MD/PhD program at UCLA’s School of Medicine.
But to the surprise of her peers and professors, Zhang decided to leave the program at UCLA before graduating and decamped in Silicon Valley where she wanted to pursue a very big idea: to find a way to merge machine learning, neuroscience, and experimental biology in the pursuit of speeding up the process of drug discovery for complex diseases like Parkinson’s and Alzheimer’s. …
by Emily Melton and Randy Glein, DFJ Partners
We are thrilled to welcome Jen Kodner to DFJ as the newest member of our Operations team. In her role as talent partner, Jen will work closely with our portfolio companies to support their initiatives to identify, attract, and retain world-class talent in their organizations.
Jen has been in the talent industry for nearly 15 years with a focus on managing executive searches and counseling founders as they scale their companies. Prior to DFJ, Jen was the head of talent at Comcast Ventures, as well as a partner on the executive talent team at Andreessen Horowitz. Jen spent over four years at Box, one of DFJ’s portfolio companies, where she built the executive search function and ultimately ran recruiting for the company, pre and post IPO. …