Ashu Garg
General Partner
Foundation Capital
Ashu Garg is a General Partner at Foundation Capital focused on enterprise software, AI applications, AI infrastructure, data, cybersecurity, and online video.
Bio
Professional summary
Steve Vassallo is a General Partner at Foundation Capital. His official profile describes his investing approach as sitting at the intersection of design, technology, and business, with a focus on products that meet real user needs and can become large businesses. He invests across Foundation Capital’s practice areas and co-leads the firm’s crypto practice, with companies spanning enterprise, fintech, frontier technology, and design. His listed investments include Anomalo, Bolt Threads, Cerebras Systems, Control4, Framer, KeeperTax, Loft Orbital, Mantle, Mode, Northstar, OAK Networks, Pocket, Portals, PrivateCore, Simple Habit, Stripe, Sunrun, and Threads, and he co-led investments in Brave, ForUsAll, Outerbounds, and Solana. Before joining Foundation in 2007, he helped launch Ning and served as its vice president of product and engineering. Earlier, he was director of engineering at Immersion and worked as a project leader and design engineer at IDEO. He holds degrees from Worcester Polytechnic Institute, Stanford University, and Stanford GSB.
Investment focus
Stage, sector, and overall fit
Stage
early-stage companies
Sector
enterprisefintechcryptofrontier technologydesign-led products
Thesis
EnterpriseFintechCryptoFrontier technologyProduct-first and design-led companies
Notable companies
Selected portfolio companies the partner has backed
AnomaloBolt ThreadsCerebras SystemsControl4FramerKeeperTaxLoft OrbitalMantleModeNorthstarOAK NetworksPocketPortalsPrivateCoreSimple HabitStripeSunrunThreadsBraveForUsAllOuterboundsSolana
How to approach
Framing and angles for outreach
Pitch framing
Lead with product insight, user need, and why the company can become a large durable business; tie in crypto, fintech, enterprise, or frontier-tech relevance where applicable.
Personalization hooks
- 1Reference product-first founder thinking and his IDEO/design background.
- 2Frame the company around a consequential problem with strong user pull.
Recent signals
What the partner has said or done recently
Foundation Capital lists Steve as co-leading its crypto practice.
Background
Career, education, and skills
Career history
- Foundation CapitalGeneral Partner2007–present
- NingVP of Product and Engineering2004–2007
- Immersion CorporationDirector of EngineeringPrior to Ning
- IDEOProject Leader & Design EngineerEarly career
Education
- Stanford Graduate School of BusinessMBA
- Stanford UniversityMS
- Worcester Polytechnic InstituteBS
Skills
Product DesignDeep TechCryptoEnterpriseFintechDesign Thinking
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