Need everyone to watch this movie because my mind is still reeling and I need to talk about it.
Thanks @hayleybay and @firstround for hosting a great nyc startup crew!
and while we’re at it, I also need all founders to agree to @joshk’s legal disclosures that we agreed to :)
When I first joined Ramp, almost every investor advised that the space was too competitive, too well-funded, too hard.
A few years later, @tryramp completely redefined how great companies are built, and given thousands of others the foundation to move just as fast. Lets gooo
Today, Ramp raised $1.85B at a $60B valuation.
Seven years ago, Karim and I wrote our mission on a Post-it: “Save companies time and money.”
Our mission hasn't changed. It’s just gotten bigger.
Early stage VC in 2026:
Either you’re big brained and backing something that’ll look wildly out of the money for a while (and have the funds + stomach to keep going while it does)
or you’re turning your brain off and trying to get into the earliest tranche before the company