Todd Chaffee has spent the last fourteen years as a managing director at Institutional Venture Partners, a Sand Hill firm that has evolved into a powerful late-stage investor over that period. (It celebrated its 101th IPO last month when the small business lender OnDeck went public.) Given the market zigs and zags that he has […]
Todd Chaffee
The Rise (and Rise) of Old-Fashioned IVP
When Twitter goes public shortly, you can bet it will be a proud moment for Institutional Venture Partners. But it will be icing on the cake for its investors. Already, 95 of IVP’s 300 portfolio companies have gone public. Already, IVP’s 32-year internal rate of return, dating back to its 1980 founding, is a stunning […]
Todd Chaffee on IVP’s Twitter Stake: Fred Wilson Was “Instrumental”
Any day now, it’s expected that Twitter will make its IPO filing public, revealing exactly who owns what. No one yet knows Institutional Venture Partners’s stake in Twitter, but based on the $35 million Series C round for the company that IVP led in January 2009, it’s clear the Sand Hill Road firm will generate a […]