🚨 Big news: We’ve raised $160M for @Work_Bench Fund IV to back Seed-stage founders with massive enterprise ambitions.
Enterprise is in our DNA and with Fund IV, we’re quadrupling down.👇
I was negotiating a Term Sheet with a founder, and just before wrapping up, he says “I have something that may be awkward to ask…”
I had no idea where the conversation was about to go, so I braced myself for what he was going to say.
Before sharing his ask, some context: He’s
It’s day 29 of this war and @paulg still hasn’t mentioned that 1400 Israelis were murdered and 240 taken hostage on October 7. Not only does he manipulate the numbers to stoke anger, but he relies on data from Hamas.
Founder real talk:
If you're raising a $5M seed on an overpriced SAFE from a multi-stage firm, you're an option call
You may think "Oh yay they trust us so much and don't need any governance. We rock."
When in actuality the multi-stage partner is thinking "This is a cool team
Thrilled to unveil our $100M @Work_Bench Fund 3 in @Forbes
Thanks so much @alexrkonrad for the wonderful coverage that really nails the essence of our GTM-focused enterprise VC model
Let's gooo! 🔥🔥🔥
Exclusive: Work-Bench, the early-stage VC firm focused on growing enterprise tech in NYC, has a $100M new fund.
I spoke to founders @jerseejess and @fendien about the new, and why the pandemic hasn't shaken their faith in the city's startup scene.
forbes.com/sites/alexkonr…
We have so much gratitude & excitement to share our @Work_Bench $47M Fund II with the world.
Read more from @jerseejess and me about how we're rethinking enterprise VC:
💯 IT to VC team
🏢 Deep F500 network
💰 Help enterprise startups close customers!
medium.com/work-bench/wor…
Love this post from @fredwilson, and this paragraph in particular stands out.
Grateful to have such a strong team with complementary skills around the table at @Work_Benchavc.com/2022/06/the-pa…
We're growing our @Work_Bench team & hiring an Associate / Sr. Associate!
If you're:
🤓An enterprise tech enthusiast
🗽Local in NYC
🌱Passionate about Seed stage investing
💻Bullish on the longterm ecosystem
This role could be for you!
More👇👇
The market is giving everyone whiplash 🤯
To get a sense of where things stand today and what the next couple of quarters look like, I spoke with a bunch of VC colleagues this week
This group ranged from seed funds to tier 1 multistage firms to traditional growth VCs
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July marked 6 incredible years of @Work_Bench 🥳
The journey has been the most professionally rewarding endeavor I could ask for... 😃
...while also being equal parts batshit crazy 😋
I reflected on this milestone and wrote about 6 lessons learned ✍
Our $47M @Work_Bench Fund II is here!
Excellent article by @ron_miller that captures the essence of our model and distinct value add for enterprise founders through our F500 customer network & community to help them better sell and close deals!
Captured our scrappiness too 😎
Huge release from @FireHydrant 🔥🔥
Modern alerting with incidents treated as first class citizens
Unhappy with PagerDuty, VictorOps, or other legacy alerting providers?
Sign up & use Signals solo or pair with FH's end to end incident management platform for even more power
Signals is available in beta today. Sign up for access and experience the difference:
🤝 Page teams, not services.
🧑💻 Ingest inputs from any source.
💰 Bucket-based pricing based on usage.
♾️ And one platform — ring to retro — finally.
firehydrant.com/blog/signals-b…
I just published NYC Tech 3.0 — A Flourishing Enterprise Tech Ecosystem
2019 is a key inflection point in our ecosystem’s accelerating growth
- surpassed $10B in aggregate VC financing for our local startups
- Datadog’s $10B+ market cap post-IPO.
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medium.com/@fendien/nyc-t…