Foundation Capital 's Luna granted a raise to a man who asked on his first shift, declining the same request from a woman citing a principle it hadn't applied to the man a day earlier.
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An AI just fired a human. First time it's ever happened, as far as anyone knows. And it only got there after a human reminded it that it had a rule against showing up la…
Company
Foundation Capital
Building companies is in our bones.
- Industry
- Venture Capital and Private Equity Principals
- Location
- Palo Alto, US
- Company size
- 51–200 employees
About Foundation Capital
Foundation Capital was founded in 1995. As an early-stage venture capital firm, our fintech, enterprise, and consumer investments have reinvented industries and defined new markets. For over a quarter of a century—through boom and bust, prosperity or calamity—Foundation Capital has endured, evolved, and thrived, with over $3B assets under management, 34 IPOs and ICOs, and 80+ acquisitions to our name. Building companies is in our bones. We back individuals who want to nudge the world ahead in some way, using a transformative business as their fulcrum. Great companies, like Apple or Amazon or Netflix, aren’t formed from code and corporate charters. They’re built on a foundation of dreams and desires; raised up through struggle and sacrifice. For such companies to succeed, the people who start and lead them have to want success badly. It has to come from the deepest part of them—a hunger to create something consequential, something lasting; a need to prove themselves, whether out of a sense of mission, or a yearning for significance, or a heart full for disobedience. We look for people who believe—even if they would never speak it out loud—that the purpose of life is to be briefly extraordinary. We think that since the beginning of invention, humanity has advanced because the remarkable have pushed us forward. Because select women and men of their times have dared to think different, to build it better, to do what’s never been done. Across the ages, we’ve had many names for these people. Today, at Foundation Capital: we call them founders.
See moreLatest activity
Latest activity from Foundation Capital
7 signals
Customers & Market
Foundation Capital sees customers wanting the product running on their own messy data - legacy formats, incomplete records, real edge cases - before they sign anything.
Operations & Supply
Foundation Capital's Luna fixed the pay gap after the New York Times reported it.
Operations & Supply
Foundation Capital's Luna approved a seven-day work week that violates California labor law, citing only one of 21 frontier models in replays.
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