Today, @Felicis announced that we're committing 1% in non-dilutive capital on top of every 1st check we write to be used towards personalized founder development (exec coaching, therapy, leadership development, peer groups etc). Story from @alexrkonrad: https://t.co/SYSO5QUYp2
As orgs rapidly become people + agents, leadership profiles are evolving accordingly.
KC is a former CIO and eng leader whose last role was Chief People & Systems Officer at Roblox.
AI is changing how work gets done, and we want to lead that transition responsibly.
Excited to welcome Arvind KC as Chief People Officer to help OpenAI grow and be a model for how AI-enabled work can expand what people can do. https://t.co/uZe9zUthnS
@akothari@NotionHQ Saw the new billboard on 101 today! Congrats on the launch, I’ve loved experimenting with custom agents in beta and excited to do more!
Lots of change in venture right now.
Talent (eg @eriktorenberg, @jaltma)
Capital (see patient cap from @willmanidis)
Strategies (eg holdcos, fellowships)
Then there’s the part no one’s really talking about yet. AI collapsing workflows means reimagining what a firm needs to be. Who it hires. How it operates. New structural advantages in the making.
Here’s to the founders. We see what you see.
We just raised $900M - our largest fund yet - to back those who are brave and daring enough to imagine the radically new.
@bdeeter For the last 5+ yrs @felicis has given founders 1% in non-dilutive capital on top of every first check we write to spend on their own development (coaching, therapy etc). I’d argue the mental aspect is just as important as the physical. Would love to see BVP join us… ☺️