Blog

  • Smartcar: Driving a New Standard for Automobiles

    It may come as no surprise that we at NEA are big fans of APIs (see MuleSoft and Plaid examples). APIs have become the fundamental backbone of every business as the technology helps cut costs, lower barriers to entry, and brings new products to market faster. Over the past decade we’ve witnessed an explosion of connected devices – from phones to homes and everything else in between – creating a fertile ground for app development. At NEA, we've been searching for the…

  • Fishing Scheme: Artificial Intelligence for an Authentic Solution

    At NEA, we are constantly on the lookout for talented entrepreneurs, and unique applications of innovative technologies. Sometimes we are fortunate enough to find both in the same place—as we did with Bryton Shang and Aquabyte.   Today, we are thrilled to announce our investment in Aquabyte, a startup applying computer vision and machine learning models to optimize fish farming efficiency. My partner Greg Papadopoulos and I are leading this investment on behalf of NEA. Having a…

  • NEA & MuleSoft: The Rise of Application Networks

    The largest transformations in the world economy have often been the result of network effects. Throughout human history, remarkable progress has been made by networks: railway networks in the 1800s; telephone networks in the 1900s; computer networks in the 1980s; internet networks in the 1990s; and social networks in the 2000s. Networks are so powerful because every new node within a network increases the value of the entire network since the data and capabilities of that new node are…

  • You Should Make an App for That

    I remember listening skeptically to a talk at MIT by a young Mitch Kapor describing how he was going to take on VisiCalc with an even better “graphical spreadsheet” that was going to be so fast and expressive that people would go beyond way bookkeeping and “build really interesting models and do all kinds of business analysis.” It was late 1981—IBM had just introduced its first PC to compete with the Apple II—and just a few months later, Mitch and Jonathan…

  • True Partnership: Our Approach to Healthcare Innovation and Company Building

    NEA will invest more than $1.25B in healthcare companies in the next three years. Here's what you should know.  As a global, diversified VC firm with more than $20B in committed capital, we believe that size confers some distinct advantages. But after almost a decade as part of NEA’s healthcare practice, I’ve learned that our scale isn’t always well understood. The breadth of our activity can obfuscate the depth of our expertise. From the perspective of an…