American venture capital firm founded in 1995 known for egalitarian partnership structure (equal carry for all partners) and extraordinary early-stage bets including eBay, Uber, Twitter, Snap, and Instagram.
Made the eBay investment that returned 500x — one of the best VC returns in history — and the Uber investment, demonstrating that concentrated conviction in the right company at the right stage generates returns no diversification strategy can match.
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