TLDR:
- IVP raised $1.6 billion for its 18th fund, making it one of the oldest firms in Silicon Valley
- The firm’s unique structure, focus on longevity, and successful investment strategies are highlighted as key factors for its continued success
IVP, one of Silicon Valley’s oldest firms, has raised $1.6 billion for its 18th fund. Founded in 1980, IVP’s focus on longevity is evident in its unique structure, where no one person owns or runs the firm. The emphasis on sticking to its investment strategy, even through downturns, has proven successful for IVP over the years. The firm’s culture of distributed trust and a partnership model that starts fresh with each new fund have contributed to its enduring success.
IVP’s ability to fly under the radar while making successful investments in companies like Twitter, Snapchat, Netflix, and CrowdStrike has been a defining characteristic. The firm’s focus on building long-term relationships with founders and LPs is reflected in the stories shared by IVP-backed entrepreneurs. Despite its low-key approach, IVP has quietly expanded its presence globally, opening an office in London and continuing to invest in cutting-edge companies.
While transitioning towards a slightly more public-facing future, IVP remains committed to its core principle of making 10 good investments a year. The firm’s dedication to building long-term, successful companies is demonstrated by the strong relationships it maintains with founders and LPs. With a history of steady growth and a focus on the future, IVP is poised to continue its success in the dynamic world of venture capital.
