Ashu Garg

CEO

San Francisco, California, United States31 yrs 8 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Early investor in multiple unicorns.
  • Expert in supporting entrepreneurs through challenges.
  • Proven track record in venture capital and leadership.
Stackforce AI infers this person is a Venture Capitalist with deep expertise in B2B SaaS and startup growth strategies.

Contact

Skills

Core Skills

Venture CapitalEntrepreneurshipLeadershipMarketingMarketing StrategySalesAdvising

Other Skills

Customer AcquisitionDigital MediaInvestmentsManagementMarketing ManagementOnline AdvertisingProblem SolvingProduct ManagementStrategyTeam ManagementTechnology Marketing

About

In 2008, I joined Foundation Capital as a General Partner because I thought it would be a great opportunity to apply my lifelong learning of scaling organizations to help entrepreneurs succeed in achieving their vision. I get most excited about B2B/enterprise software. Like many of the partners at Foundation Capital, my background is as an operator. I’ve spent 15 years in a variety of roles that have taught me some important lessons . I’ve applied these lessons to being the type of board member who truly acts as a partner to the entrepreneurs by being a friend and supporter, but also a challenger, and through that, hopefully helping the founder to achieve their highest aspirations. I feel very privileged to be an early investor in Databricks (valued at $38B) and 6 other unicorns (Cohesity, Eightfold, Amperity, Turing, Anyscale and Alation). One of my high points as a VC was when one of my CEOs told me that he enjoys putting me in front of his entire team [in all hands meetings] because he felt it has a positive impact on internal motivation and in turn, the bottom line. I was so grateful to receive this kind of feedback because helping my portfolio companies succeed is my main goal as a VC. One way I realize this is through my unconditional commitment to stand by a founder’s side as we work together to make their company a success throughout all of the highs and lows a startup naturally experiences. One thing that I’ve learned through my operational experience is being able to really zoom in and focus on important issues that will improve a product or the overall user experience. I’m not really a fade-into-the-background kind of guy. What I mean by that is I am committed to delivering constructive feedback in a respectful way if I feel it will propel growth forward, even if it can get uncomfortable at times. However, I also believe I am good at knowing when to step aside and let the entrepreneur execute. Follow me @ashugarg

Experience

Regie.ai

Board Member

Oct 2020Present · 5 yrs 5 mos · Seattle, Washington, United States

Stacklet

Board Member

Jul 2020Oct 2023 · 3 yrs 3 mos

Skyflow

Board Member

May 2020Present · 5 yrs 10 mos · Mountain View, California, United States

Arize ai

Board Member

Mar 2020Present · 6 yrs

Amperity

Investor

Dec 2019Present · 6 yrs 3 mos

Anvilogic

Board Member

Sep 2019Present · 6 yrs 6 mos

Turing.com

Board Member

Sep 2018Present · 7 yrs 6 mos · Sf Bay Area

Alation

Investor

Jun 2018Present · 7 yrs 9 mos · Redwood City, California, United States

Eightfold.ai

Board Member

Nov 2017Present · 8 yrs 4 mos · San Francisco Bay Area

Fortanix

Board Member

Apr 2017Present · 8 yrs 11 mos

Fundsindia

Board Member

Jan 2016Present · 10 yrs 2 mos

Cohesity

Board Observer

May 2015Present · 10 yrs 10 mos

Localytics

Board Member

Jan 2014Feb 2020 · 6 yrs 1 mo · Greater Boston Area

Databricks

Investor

Sep 2013Present · 12 yrs 6 mos

Tubi

Board Observer

Jan 2013May 2020 · 7 yrs 4 mos · San Francisco Bay Area

Aggregate knowledge

Board Member

Jul 2011Sep 2013 · 2 yrs 2 mos

Conviva

Board Member

Mar 2011Present · 15 yrs

Tubemogul, inc.

Board Member

Sep 2010Dec 2016 · 6 yrs 3 mos

Foundation capital

General Partner

Sep 2008Present · 17 yrs 6 mos · Palo Alto, CA

  • Foundation Capital is a leading Silicon Valley based early stage venture capital firm. I focus on investing in bold founders who have a vision to transform markets and build enduring companies.
  • We mostly invest in companies before they have revenues and work closely with them to improve their odds of finding product-market-fit. I have extensive experience across the stack from AI 1st applications to data/ML infrastructure, cyber security, and cloud infrastructure.
  • I have the privilege of being an early investor in Data Bricks, Cohesity, Eightfold, Amperity (via an acquisition), Anyscale, Turing, Alation, Skyflow, Fortanix, TubeMogul (acquired by Adobe post IPO), and Tubi.tv. (acquired by Fox) amongst others. I truly feel my past experiences have prepared me in the most valuable way to become a partner to entrepreneurs. One thing I’m most proud of is being a valuable board member. In my view, a valuable board member is one who raises the aspirations of the founder and through him, the entire team. Something that I hope I’ve brought along with me from my time as an operator myself is that I feel that if entrepreneurs need one thing from a VC, it’s knowing that he or she really cares. It’s important that a VC is on board with them through the inevitable ups and downs that come along with being an entrepreneur. When I became a VC, one of the goals I set for myself was to become this kind of resource for my entrepreneurs. Being that person is the most rewarding aspect of being a VC.
  • Hiring great executives is one of the most important things a founder needs to do. Helping a founder hire the best talent out there is rewarding for me. I love to step in, speak to a candidate and raise their aspirations around the job as well. Nothing makes me happier than helping my CEOs land a really difficult hire.
Venture CapitalInvestmentsLeadershipEntrepreneurshipProduct ManagementStrategy

Trinity ventures

Executive in Residence

Mar 2008Aug 2008 · 5 mos · Menlo Park, CA

  • I joined Trinity Ventures as an Entrepreneur in Residence with the idea of starting a company in the programmatic marketing space. Instead, I ended up looking into being the CEO of several start up opportunities. Through the countless interviews I held, it seemed that I had a lot to offer to founders. This led me to become far more intrigued by being an investor, which would allow me to share that knowledge that I have been lucky enough to build up through the amazing opportunities I’ve been offered throughout my career to more than one start up. This was the ultimate stepping-stone toward my career as a VC at Foundation Capital.

Microsoft

2 roles

General Manager, Online Advertising

Promoted

Oct 2006Jan 2008 · 1 yr 3 mos

  • I am grateful for the opportunity I had in learning the things I’ve leveraged in terms of knowledge about MarTech, the marketing ecosystem and marketing automation. The reason is two-fold: I ran Ad Ops and learned the nuts and bolts of operating an ads platform. Second, through my role as a GM at Microsoft I had the opportunity to have access to and learn from the best and brightest marketing pioneers and innovators in this space, which helped me realize that this is the space for me.
EntrepreneurshipStrategy

General Manager, Field Marketing

Oct 2003Oct 2006 · 3 yrs

  • On this job, I was afforded the unique opportunity to truly scale a business by starting with a team of seven and building it up to 500. I learned how to translate strategy into an execution plan at scale, while simultaneously motivating a huge team at the same time. Today, this is something that I bring to the table to all of the companies I invest into. Managing teams with multiple layers meant that I had to be able to go into a meeting with very little context, zoom in, engage deeply on the product and push the aspiration. Perhaps even more importantly, learning when to walk away and allow the team to execute. This experience is probably what contributed the most learning how to become an effective board member.
Online AdvertisingMarketing

Cadence design systems

Group Director

Apr 2002Sep 2003 · 1 yr 5 mos

  • At Cadence, I learned how to sell technology based on its benefit to the business as opposed to speeds and feeds. Selling technology in alignment with the benefits it will yield for the company is the heart of marketing in the tech space. You only have the product that you are given to sell. You can’t change the product, so you have to change your view of the product by framing it in a way that sheds light on the value it would bring to the company.
Marketing StrategyTeam Management

Tringtring.com

Founder

Mar 1999Aug 2000 · 1 yr 5 mos · Bombay, India

  • Way back in 1999, I was bursting with excitement about a local search engine I had developed for India called TringTring.com. There I was, sitting in a high-rise in this unusually fancy VC office with frosted windows and the quintessential Herman Miller chairs of the time. I could barely wait to pitch what I thought was going to be the next big thing, but once I did, I left that office head down, completely deflated, because the VC, quoting Bill Gates, had simply said “Search is a loss-leader”.
  • At the time, I suppose this assessment was understandable, considering that India had only about 75-100K internet users. Today, when I sit in my own office and I take notice of our own frosted windows, I smile at myself, realizing that our windows might be the same as that office in Bombay, but I will always strive to be slightly different, more open and less definitive.
Problem SolvingAdvising

Mckinsey & company

Consultant

Jan 1996Jan 2002 · 6 yrs · India

  • Each stint I had along my career path was transformational in one way or another, but McKinsey really helped me learn how to problem solve and advise, which is something many of us know McKinsey is notorious for today. What made this role unique is that I was part of a very small group that launched the first McKinsey office in India. It gave me my first set of experiences that pushed me into the role of an adviser that I enjoy so much today as a VC.
  • I remember being 29 years old and having dinner with a founder/CEO at his home. He asked me for feedback on his COO, and when I went to the office the next morning, I learned that the COO had been fired overnight. While it was exhilarating to learn that the founder valued my advice so much, it also taught me the obligation that comes with such advice. A callous attitude toward this kind of advice is detrimental. Words are not just words, they are often tied to consequences.
  • Even today, I am cognizant of the responsibility that comes with being a trusted adviser and do not take this privilege lightly. I am very grateful for this experience because what I learned all those years ago still manifests itself today in my ability to frame problems and determine what needs to be focused on in board meetings.
SalesMarketing

Unilever india

Manager

Jan 1992Jan 1994 · 2 yrs · India

  • I was fresh out of college and though I had never sold or even met a salesman in my life, I was given the opportunity to lead a team of 40 salespeople who were twice my age. Despite my lack of knowledge in the field, I learned the importance of leading from the front and how crucial the quality of empathy is in a leader. I also ran a chemicals plant and I will never forget the time that we had the very serious threat of a major gas leak and I spent a week of long nights watching over the factory and dozing off in the solitude to the quiet hum of the machines. Had I not done that, I would have never been able to connect on a personal level with the people who normally handled that responsibility.
  • I realized that you can’t possibly know how tough a job is until you do it yourself and develop a sense of genuine empathy. I will be forever grateful for being given my first change to manage a big operation and lead a team from the front with empathy. In many ways, Unilever kicked off a lifetime of learning around these recurring themes that constantly pop up in my life as a VC today.
Entrepreneurship

Education

Indian Institute of Technology, Delhi

B. Tech — Engineering

Jan 1988Jan 1992

Indian Institute of Management Bangalore

MBA

Jan 1994Jan 1996

St. Mary's Academy

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