with the use of video communications platforms like Zoom, Google Meet, and Skype. Or, to put it another way: if we had invested in any of these companies, we might not still be working. Venture capital (VC) investment Pursuing funding through a venture. Zoom, the cloud video conferencing company, today announces that it has raised 30M in Series C funding, led by Emergence Capital, with participation from Zoom's existing investors Li Ka-shing's Horizons Ventures, former Yahoo CEO and co-founder Jerry Yang, Qualcomm Ventures, and medical entrepreneur Dr. Whatever the reason, we would like to honor these companies - our "anti-portfolio" - whose phenomenal success inspires us in our ongoing endeavors to build growing businesses. Market Cap (2.21) 1.45 Current Price 67.13 The company joins outside venture capital firms in providing a war chest for such entities. In other cases, our partners had already run out of spaces on the year's Schedule D and feared that another entry would require them to attach a separate sheet. In some cases, we were making a conscious act of generosity to another, younger venture firm, down on their luck, who we felt could really use a billion dollars in gains. Our reasons for passing on these investments varied. However, we chose to decline these investments, each of which we had the opportunity to invest in, and each of which later blossomed into a tremendously successful company. Throughout our history, we did invest in a wig company, a french-fry company, and the Lahaina, Ka'anapali & Pacific Railroad. This long and storied history has afforded our firm an unparalleled number of opportunities to completely screw up. Founded in 2011, Zoom grew from an idea for sustaining founder Eric Yuans long-distance relationship to become the top player in the digital communications. Honoring the companies we missed.īessemer Venture Partners is perhaps the nation's oldest venture capital firm, tracing our roots back to the Carnegie Steel empire.
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