The MIT Sloan Entrepreneurship & Innovation Club had a great meeting with Foundation Capital in Menlo Park, CA this Monday. Associates from Foundation, the primarily entrepreneur-run venture capital firm, listened to E&I’s five selected founders pitch their ideas to a company that has invested in successes such as Netflix, Everyday Health, etc.
Foundation Capital has backed successful entrepreneurs across various sectors, from clean technology to consumer internet to fabless semiconductors. Typical investments for Foundation run from $1 Million to $10 Million, and the team educated our founders on what it would take to obtain that type of investment.
Thank you again to Foundation Capital for meeting with the Sloan E&I Club for our annual trek!