We recently launched a new feature in the PitchBook Platform focused on venture co-investor relationships. With this feature in mind, the following letter may or may not have been sent from Sequoia Capital to Andreessen Horowitz…
We just wanted to write you a note saying we really should invest in something together this year.
In looking at the new Co-Investors data and tool in PitchBook, we realized that we do pretty well when we pair up and invest alongside each other—especially over these last five years. Here is a look at what we have done together since January 2010:
Here are the three companies that you’ve backed in a round after us:
And here are the eight companies that we have invested in together:
Not bad, eh?
Like we always say after sitting next to each other at those board meetings: “We really should spend some more time together.”
So what better way than investing together? Clearly, with our two powers combined (network, expertise, etc.), we can help companies do some impressive things. We have a number of promising early stage companies that will likely be fundraising soon (Kahuna, Shopular, Relcy).
What do you say?
The information for this FICTIONAL LETTER came from our new venture Co-Investors feature (video below). To see how it could help you discover new deal sources and leads, request a free trial.