February 26, 2015By Glenn Solomon
I’m proud to announce GGV Capital is leading a $20M Series B investment in Opendoor, a startup taking aim at revolutionizing the market for buying and selling homes. I’ve joined the board as part of the financing.
Homeownership is still a big part of The American Dream. I had my own brush with the process when my wife and I bought our current home. The dollar amount dwarfed anything else...
February 19, 2015By Glenn Solomon
Today Synack announced a $25M Series B financing. GGV Capital is delighted to have co-led this financing alongside Icon Ventures, with participation from existing investors Kleiner Perkins and Google Ventures. Pursuant to this investment, I’ve joined Synack’s board of directors.
My partners and I are super excited to have invested in...
February 12, 2015By Robin Li
Last week, I attended a lecture at Stanford featuring Alon Cohen, President and Co-Founder of Houzz. Houzz (a GGV portfolio company) is a leading platform for home remodeling and design, where users can browse millions of photos, find products, connect with professionals, share inspiration and collaborate...
February 8, 2015By Glenn Solomon
Several private, venture-backed companies have achieved rapid and extreme valuation mark-ups. This has obviously been going on for some time now in Silicon Valley and the private tech sector, but the magnitude and frequency of the recent write-ups I’ve seen has given me pause. I’ve been trying to piece together the ingredients that are creating this environment, and in my opinion it comes down to the following: scarcity, momentum,...
February 6, 2015By Robin Li
January 25, 2015By Glenn Solomon
Box, the closely-watched cloud company, had a successful IPO on Friday, pricing its offering above the filing range at $14, raising approximately $170M, and seeing its shares pop over 60% on its first day of trading, closing at $23.23 per share. A huge congratulations to lead founder and CEO Aaron Levie (@Levie) and Series A lead investor Josh Stein (...