Greylock Secures $1 Billion for Its 17th Fund Amid Launch of Early-Stage Founder's Program

On Tuesday, Greylock Partners announced two new initiatives: a $1 billion early-stage fund, its 17th to date, and a program called Greylock Edge, which provides support to a select group of founders at the pre-seed stage.

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The New Early-Stage Fund

The $1 billion early-stage fund is a significant commitment by Greylock Partners to support startups in their earliest stages. This fund will allow Greylock to invest in companies that are still building their foundations and may not yet have a product-market fit.

"We believe that the pre-seed stage is critical for founders, as it sets the foundation for future success," said Saam Motamedi, a partner at Greylock Partners. "By investing in companies at this stage, we can help founders make informed decisions about their market, product, and team, which will ultimately lead to better outcomes."

Greylock Edge

Greylock Edge is a program designed specifically for pre-seed stage companies. The goal of the program is to provide support to a small number of founders who are building scalable businesses.

"Building a large and important company is like building a skyscraper," said Motamedi. "You can’t build a skyscraper if you don’t get the foundation right. Our view is that by working with pre-seed stage companies, we can help them make the best decisions about their market, product, and team, which will ultimately lead to better outcomes."

The program will be led by experienced investors at Greylock Partners who have a track record of success in supporting early-stage companies.

Why Pre-Seed Stage Companies?

Motamedi believes that pre-seed stage companies are particularly attractive because they offer the opportunity for high returns. "If we can work with founders at this stage and help them make informed decisions about their market, product, and team, then we set the foundation to maximize their probability of building a scalable business," he said.

Greylock Partners has a history of success in supporting early-stage companies, and Motamedi believes that this experience will be key in helping pre-seed stage companies achieve their full potential.

Conclusion

Greylock Partners’ new $1 billion early-stage fund and Greylock Edge program demonstrate the firm’s commitment to supporting startups at every stage of their development. By investing in companies at the earliest stages, Greylock can help founders build a strong foundation for future success.

The pre-seed stage is critical for founders, as it sets the foundation for future success. By working with pre-seed stage companies, Greylock Partners can help founders make informed decisions about their market, product, and team, which will ultimately lead to better outcomes.

Greylock Edge is a program designed specifically for pre-seed stage companies. The goal of the program is to provide support to a small number of founders who are building scalable businesses.

What’s Next?

As Greylock Partners continues to invest in early-stage companies, we can expect to see more innovative startups emerge from the firm’s investments. With its commitment to supporting startups at every stage of their development, Greylock Partners is well-positioned to help entrepreneurs build successful and scalable businesses.

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