Formation 8 wants to bring venture capital back to its roots: investing in solutions to hard technology problems that could change the world. It just raised its first fund of $448 million — but with a twist. Formation 8 plans to draw on its extensive network in Asia to win its portfolio of smart enterprise and energy technology companies’ huge deals with conglomerates in the region. → Read More
Editor’s note: Joe Lonsdale is a General Partner at Formation 8, an early-growth technology fund. He is co-founder of Palantir and Addepar and is proud to be behind other successful mission-driven technology companies.
When we saw a huge gap in the government’s technology response to 9/11 and founded Palantir in 2004, Silicon Valley venture capitalists refused to invest. They said “no”… → Read More