Blog

  • Investing in Marketplaces at NEA

    After a nine-year hiatus from venture, during which I was building the product team at Airbnb, I am thrilled to be back, investing in consumer technology as a partner at NEA. The opportunities today are far greater than they were in 2009, in the doldrums of the financial crisis. It feels like a step function change in the level of activity that is occurring in the startup ecosystem. Entrepreneurship has been democratized. Technology has seeped into the lives of everyone around the world,…

    • April 16, 2018

    SaaStr Podcast Episode 171

    I recently connected with Harry Stebbings of SaaStr to chat about the evolution of opensource software. We covered developer demand, business modeling, founder conviction, market appeal and more. Check it out HERE.

  • 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 primary focus…

  • 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 Sachs founded Lotus Development…

  • 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 entrepreneur or investor who is…