I’m thrilled to announce the launch of my $40M pre-seed and seed-stage fund, @SevenStars_VC, where I’ll be focused on partnering with visionary founders building enduring AI application companies across consumer and enterprise technology. Seven Stars is deeply personal. It’s named after my parents, who immigrated from South Korea and started a clothing small business in Downtown Los Angeles - Seven Star Fashion. Their tireless work ethic gave me a future and inspires me to show up for founders with that same dedication. I’m incredibly grateful to our founders, limited partners, co-investors, advisors, and my family for their unwavering support. Read more via @agarfinks in @FortuneMagazine! fortune.com/2025/06/11/term-…

I’m thrilled to share that we have just closed two new funds: the $225M seed-focused Uncork VIII and the $75M opportunity fund, Uncork Plus IV. And today, we’re also celebrating @uncorkcap 21st anniversary. It’s been a long—at times tumultuous—but always incredible journey to reach the firm’s “adulthood” and I couldn’t be prouder of the team we’ve built and the portfolio of founders we’ve had the privilege of backing over the years. After co-managing Uncork with @bandrew in recent years, I’ve asked him to take on the role of sole Managing Partner as we prepared to raise these new funds. I’ve had an absolute blast leading Uncork for 21 years—helping shape the seed industry alongside my fellow “OG’s”—but the time feels right for me to step back from day-to-day management. I’ll continue working closely with our portfolio founders, sourcing new opportunities with my Partners, and investing in the next generation of frontier and deep tech entrepreneurs. I’ll also be carving out space for some long-overdue bucket list travel, quality family time, and launching a small wine project in Walla Walla, WA. Please join me in congratulating Andy as he leads Uncork into its next phase. We couldn’t ask for a better steward of the firm’s future. LFG!

We’re excited to announce Sunflower Capital Funds I and II. Sunflower is a $250m fund that partners at the earliest stage with companies building foundations for modern enterprises, critical industries, and the physical world.

Today, we’re excited to announce that Lerer Hippeau has closed $200M in new capital for our ninth seed fund. We’ll invest LH Fund IX in pre-seed and seed-stage companies. This fund represents an increase from LH Fund VIII’s $140M, and a continued commitment to supporting the next generation of founders while maintaining focus in approach. This fund also includes several dozen LH portfolio founders as limited partners – a fact we’re really proud of as we think it best exemplifies what this community means to the people who comprise it. With this raise, LH is also celebrating 15 years of supporting early stage founders by serving as their first and most aligned institutional partner. We feel lucky to be doing this work and are honored that founders continue to choose us as their partners.

Fresh data from 2,079 US venture funds that use Carta. We dig into IRR, TVPI, DPI, and much more. Fund sizes range widely, but most are concentrated below $100M AUM. We include top decile performance marks for the first time. Full report link in following post

State of venture market - this chart says it all...

Fundraising is tough. Building something new is tough. COVID 4 years back made everything tough. And when all 3 of those worlds collide, you get the story of @nakul Shoutout to @benjichoi for the idea behind this holiday special on the latest ep of @SuperclustersLP ! 👇

Enjoyed this fun conversation with @benjichoi (who's one of our LPs via @NextLegacy_) and @cupazhou from @SuperclustersLP! We covered a wide range of topics: from my fascination with The Dark Knight, to not overthinking about Plan B when starting @AudaciousHQ, to growing up as an introvert but then embracing the why and how to wear my ambition on my sleeve!

Exponent Founders Capital, led by Plaid and Robinhood alums, raises $75M to invest in early-stage startups tcrn.ch/48cjngd

Thrilled to partner with @MahdiRazaMR & @CharleyMa on this next step in their journey with @ExponentCap!! 🎉🚀

🙏@ChrisTrinetti & the IIE.VC initiative for hosting an inspiring day w/ leaders, investors, and philanthropists on a mission to increase diversity. Loved chatting w/ @bahiyahyas, @SaraZulkosky & @PoetryAaron about our excitement for supporting diverse EM VCs!

Next Play Capital & Legacy Venture have joined forces as Next Legacy Partners. Our mission is to amplify the impact of our diverse community of philanthropists, athletes, cultural luminaries, venture capitalists, and founders through outsized venture capital returns.

Throwback to Bridge 2022 Annual Conference as we are already planning the 4th Annual Edition, May 17th-18th, in San Francisco. youtu.be/x7UvmafewVg via @YouTube @lisa5edgar @clairesays @Odile_Roujol @Hillary__Cook @deenashakir @dunkhippo33 @erin_harkless

Did you know that over 1/3 of the food we grow is wasted, that food takes up the most space in landfills, & that food waste produces more emissions than the aviation industry?🤯 Meet @mill - better for your kitchen AND the planet. lnkd.in/gGk9KiMU. #OutsmartWaste

Thank you to the stellar @firstrepublic team (@CTalleyHale) for hosting an incredible group of LPs today! 🙌🏻

Incredibly well-deserved! Congrats, Collette Chilton! lnkd.in/e2iuPXbx

Loved this episode! Great insights from @ashegan & @katherinewu 🙌

Excited to finally talk about my next chapter: FPV Ventures, a new $450M early stage fund to back and serve mission driven founders. So excited! bloomberg.com/news/articles/…

Wow fangirling hard rn! Can’t wait @katherinewu & @archetypevc 🙌🏻🙌🏻🙌🏻