Entrepreneurship begins and ends with a powerful immigrant spirit. It is about knocking down walls, moving people toward a common goal, and creating the unthinkable from scratch with small odds of winning. That is what makes the U.S. great and what drives meaningful innovation and change.
Donald Trump’s anti-immigration statements are diametrically opposed to the core values of entrepreneurship. And at CRV, we’ve had enough. The CRV partnership — united and unanimous — rejects Donald Trump’s candidacy for President of the United States.
CRV is a firm of immigrants. Our 9 partners come from 7 countries and speak 8 different languages, hailing from Greece, India, Iran, Israel, Turkey, Venezuela as well as the United States. We are united by a shared immigrant spirit that makes us better investors and better partners to entrepreneurs. About 50% of the teams we back are made up of people like us — entrepreneurs who have come to the U.S. to create meaningful change. The results speak for themselves: CRV has been around for 46 years and has backed more than 400 companies, 73 of which have gone public. Our companies have created tens of thousands of jobs in the United States alone.
We stand behind immigrants, the sons and daughters of immigrants, and anyone with the immigrant spirit. That’s why we want to move beyond rhetoric and focus on concrete actions to support our founders. For starters, CRV will start covering the costs for U.S. visas for any CRV company founders (visas@crv.com). We’ve also created a CRV Fellowship Program to provide funding, support and office space for immigrant entrepreneurs. If you feel you fit the bill, come share your stories and your ideas. If you are for building walls and stopping change, stay away. Bigots need not apply.
Sincerely,
The CRV Partnership
