Asserting $1B+ in New Funds – Matt Turck

Some information: $1B in new funds!

When FirstMark Capital was based in 2008, the concept one might construct a premier, top-tier enterprise capital agency out of New York was nonetheless largely thought of odd, even perhaps delusional.

A barely nascent tech ecosystem, NYC on the time had few startups and even much less enterprise corporations, and appeared destined to be without end a distant satellite tv for pc market to Silicon Valley.

Quick ahead to at present: NYC has clearly turn into probably the most thrilling and vibrant tech ecosystems on the planet.

As NYC tech grew, FirstMark grew with it.

We passionately supported the ecosystem and helped it develop, each by investing in nice New York entrepreneurs and relentlessly constructing communities and occasions, to assist create a connective tissue for all to satisfy and study collectively.

Past our love for our house turf, we rapidly acquired affirmation that the worth proposition of being an NYC-based enterprise agency resonated strongly nearly all over the place – enabling us to put money into among the absolute best startups throughout North America, in addition to Europe and Israel.

Our new, bigger funds symbolize our ever-increasing ambition and steadfast dedication to excellence. Our core technique will stay the identical. Early conviction. Deeply lively companions. Distinctive operational help by way of the FirstMark Platform.

The altering setting makes our model of investing extra related than ever. We’ve lengthy thought of VC as a craft, slightly than an industrial operation. We imagine in exhausting work and self-discipline, selectivity and long run dedication.

We really feel deeply honored for the help and belief of our restricted companions, particularly in these more difficult occasions.

We’re additionally extra grateful than ever to the superb founders we now have had an opportunity to associate with over time.

P.S.: *** At a extra private degree, these new funds symbolize one other failed lobbying effort on my half to rename the agency to FirstMatt (who’s Mark, anyway?).***

P.S 2: oh and I nearly forgot: 🚀🚀🚀🚀🚀🚀🚀

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