Foundation Capital

6 statements across 2 episodes · 2 bullish · 0 bearish · 3 people on the record · first statement Feb 26, 2018 by Steve Vassallo · said 34 times in 14 episodes since 2015 · across every show →

Mentions by year

brought up most by Harry Stebbings (18), Steve Vassallo (6), Jason Lemkin (3), Rory O'Driscoll (2), Gaurav Jain (1), Eric Vishria (1)

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2025 14 mentions in 7 episodes 2 per episode
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2020 1 mention in 1 episode
2018 9 mentions in 1 episode
2015 1 mention in 1 episode

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Everything said about Foundation Capital, oldest first

Feb 26, 2018
Disclosure
Steve Vassallo Refuses to Share Pitch Decks With His VC Spouse
“When we're asked you know, can you send the deck or the diligence materials to your wife? I will outright say absolutely no. So we keep a Chinese wall between us.”
Steve Vassallo Feb 26, 2018 ▶ 25:31 20VC: Why The Current Crop Of VC Does Not Understand Design, Why Product Market Fit Is A Liquid Not A Solid & How Graduates Can Optimise Their Career for Personal Development with Steve Vassallo, General Partner @ Foundation Capital
Feb 26, 2018
Insight
Vassallo: Young workers over-optimize for initial salary over long-term mentorship
“The most common failure mode that I see for young people designers and engineers, business folks coming into the workforce is that they over optimize around title and or around salary, or around sort of very much the, sort of call them the transactional compon…”
Steve Vassallo Feb 26, 2018 ▶ 16:04 20VC: Why The Current Crop Of VC Does Not Understand Design, Why Product Market Fit Is A Liquid Not A Solid & How Graduates Can Optimise Their Career for Personal Development with Steve Vassallo, General Partner @ Foundation Capital
Feb 26, 2018
Insight
Vassallo: Product-market fit is liquid, not a static destination
“Product market fit is a liquid, not a solid.”
Steve Vassallo Feb 26, 2018 ▶ 21:08 20VC: Why The Current Crop Of VC Does Not Understand Design, Why Product Market Fit Is A Liquid Not A Solid & How Graduates Can Optimise Their Career for Personal Development with Steve Vassallo, General Partner @ Foundation Capital
May 14, 2026 neutral
Assertion Partly supported
O'Driscoll: Benchmark, Foundation, and Eclipse each hold 8–9% of Cerebras
“Ah, you just, because you see, Harry, you just listen to Twitter, but if you go and you actually look up the S-one, they have eight or nine percent ownership, right? Because I do these things, because every VC reads an S-one the same way, you read the front pa…”
Rory O'Driscoll May 14, 2026 ▶ 53:33 Anthropic Buys Compute From Elon & Commits $200BN to Google | Cerebras IPO | Ramp Raises at $40BN · 20VC with Harry Stebbings
May 14, 2026 positive
Insight
Lemkin: Real VC is early conviction, not brand-leveraged Series B entry
“This is the job of early stage investing is what foundation did. This is not using Mark Andreessen's brand to muscle into the B.”
Jason Lemkin May 14, 2026 ▶ 55:15 Anthropic Buys Compute From Elon & Commits $200BN to Google | Cerebras IPO | Ramp Raises at $40BN · 20VC with Harry Stebbings
May 14, 2026 positive
Opinion
Lemkin: Foundation Capital did true VC work by incubating Cerebras
“For the first time in a long time, I was kind of jealous of foundation because they did the hard work. They, Steve and the team incubated this company.”
Jason Lemkin May 14, 2026 ▶ 54:29 Anthropic Buys Compute From Elon & Commits $200BN to Google | Cerebras IPO | Ramp Raises at $40BN · 20VC with Harry Stebbings
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