General Catalyst

“Why did we go you know acquire a health system in Ohio? It was a nonprofit. We worked with the attorney general, converted it.”

“We ended up investing at, you know a eight, nine, ten billion dollar kind of run rate business at sixty billion. That's the cheapest deal that got done last year in venture capital. On a financial basis.”

“This is not about trying to be PE. This is about acquiring businesses in PE that actually have declining value, but have important customers that need to be served and help them get to that AI transformation that Bob's talking about faster by getting our found…”

“You look at Anthropic, Which we're also investors in. That goes from sixty billion dollars last year to, you know, a couple hundred billion dollars. So like, and by the way, with good economic progress, these are not pine to sky valuation. They're based on act…”

“So that business, when we invested, was doing about eight hundred and eighty million dollars, which was a 10 X growth from the year before.”

“He's got GC buying up and rolling up accounting firms, et cetera, healthcare firms, hospitals, et cetera.”