Blog

  • Envisioning the Future

    Sometimes in the business of venture capital, we have the privilege of seeing the future. Six years ago on my very first day here at NEA, Lytro’s founder Ren Ng bounded into our conference room with a remarkable camera his team had built on the principles of his groundbreaking ­­­ and award winning ­­­ Stanford dissertation on light field imaging. It was a computational camera that collected way more data than a conventional one, effectively turning optics into…

  • What size Series A round can you expect to raise?

    *note: originally published on Amit Mukherjee's personal blog There are few variables that impact a startup’s trajectory as profoundly as the size of its Series A. Raising $10M versus $3M will fundamentally alter a company’s growth. Hiring, product development, and the number of customers the company acquires are all capital-constrained activities. Despite how critical the size of the Series A is, few seed-stage entrepreneurs have a deep appreciation for how large a…

  • FUSIONOPS:  TRANSFORMING THE GLOBAL SUPPLY CHAIN FOR THE ON-DEMAND WORLD

    We are excited to be a part of the $25 M financing announced today for FusionOps, who has rapidly grown to become the world’s leading supply chain intelligence cloud.  NEA was privileged to invest in the company two years ago and has watched FusionOps grow its customers, revenues, and usage by over 400% since that time.  Their unique solution combines industry-specific supply chain expertise with today’s modern cloud and big data analytics, making traditionally opaque…

  • More than a Health Plan…

    If innovation comes in waves, then the managed care industry may very well be in the midst of a tsunami. The last seismic shift in the industry was arguably back in the nineties, resulting from legislation like the Balanced Budget Act—which imposed new payment structures, stricter compliance, and increased incentives for efficiency. Health Plan operation and administration was forced to adapt, and even though this period coincided with the explosion of the internet—emerging…

  • State of the Startup Economy (End of Q1 2016)

    *note: originally published on Amit Mukherjee's personal blog With Q1 2016 nearly in the books, it’s obvious that the tech sector is experiencing a downturn. Having been on the ground as a venture capitalist for NEA through this cycle, I’ve experienced first-hand how sentiment and decision-making has changed over the past nine months across hundreds of deals that we have evaluated. In this blog post, I aim to (1) cite a number of data points that illustrate the downturn and (2)…